Fin-tech company, IOUpay Ltd (previously iSentric), continue to see enormous share price growth, up 44% in late afternoon trading yesterday. With such rapid momentum, IOU earned a price query from the ASX. That query followed the 15 cents low to the whopping 23 cents, a swing of more than 53% at that time.
If you haven’t heard of IOUpay (ASX: IOU) yet, you’re not alone. The company only listed on the ASX last month, on 21 September. Since listing the share price is up 207%.
Want to learn more about IOUpay?
IOUpay is a fin-tech and digital commerce solutions and services provider. With their recent rebranding, IOU has shifted their focus to become a new Buy Now, Pay Later (BNPL) platform. With their 3 divisions - mobile banking, digital payments and digital services - IOU works alongside Malaysia's top 20 banks as well as telcos and other corporations.
Read the full Motley Fool article here.
