Zip said on Monday it was offering 0.98 Zip shares for every Sezzle share, which represented a 22% premium to Sezzle’s closing price

The companies, which offer credit to consumers for small purchases, soared in popularity during coronavirus lockdown as people splurged online on new clothes, shoes and home furnishings

• Takeover of buy-now, pay-later firm seen creating rival to PayPal, Klarna • Australian firm’s popularity soared during Covid pandemic...