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JPMorgan Boosts Stake in Buy-Now-Pay-Later Firm Zip Co

Guavy AI Editorial Team
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JPM
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JPMorgan Chase & Co. has significantly increased its stake in Zip Co, a leading buy-now-pay-later company listed on the ASX.

The group's voting power now stands at 6.20%, up from 5.11% previously, with a total of 77,289,257 ordinary shares held as of August 25th, 2023.

This change reflects multiple transactions across various JPMorgan affiliates, including JPMorgan Chase Bank N.A., J.P. Morgan Securities PLC, and JPMorgan Asset Management (UK) Limited.

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