ASX 200 rises, EML jumps, Zip falls on Wednesday 7 April 2021

The S&P/ASX 200 Index (ASX: XJO) rose by 0.6% today to 6,928 points.

These are some of the highlights from the ASX, including a major acquisition by one ASX share:

The EML share price went up by 5.25% today after announcing the acquisition of Sentenial, including the open banking product, Nuapay, for an upfront enterprise value of €70 million, as well as an earn-out component of up to €40 million.

Sentenial is a leading European open banking and account to account payments provider, utilsing a cloud-native, API-first, full stack enterprise grade payment platform.

EML said that combining the two businesses’ platforms and capabilities is an opportunity to deepen customer relationships, enter new industry verticals and…



Click here to view the original article.

Related Posts