9th Dec 2020 18:01
ThinkSmart Ltd - digital payments platform - Notes Afterpay trading update where it reported that its UK division, Clearpay, delivered USD200 million of underlying sales in November in what was a "record month for Afterpay".
This represented around 10% of Afterpay's global underlying sales for the month, up from 7% in the three months to September 30.
"The directors believe that the continued growth and trading momentum of Afterpay, and the continued increase in the proportion of Afterpay's global underlying sales delivered by Clearpay UK, is beneficial to the value of ThinkSmart's 10% shareholding in Clearpay UK," says ThinkSmart.
Current stock price: 60.00 pence
Year-to-date change: up sharply from 23.00p
By Lucy Heming;Â [email protected]
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