Zip Co Ltd
Zip Co Limited is an Australia-based digital financial services company.
The business
Zip Co Limited is an Australia-based digital financial services company. The Company, operating in two core markets: Australia and New Zealand (ANZ) and the United States, offers access to point-of-sale credit and digital payment services, connecting millions of customers with its global network of tens of thousands of merchants. In ANZ market, it offers retail line of credit products and personal loans to consumers in Australia and retail installment products to consumers in New Zealand. In the United States market, the Company offers Buy Now Pay Later (BNPL) instalment products to customers. In the United States market, its products include Zip Pay in 4 (shop online and instore and pay in four payments over six weeks) and Zip Pay in 8 (shop online and instore and pay in eight payments over 14 weeks). The Company offers various products in Australia including Zip Pay, Zip Plus, Zip Money, and Zip Personal Loan. In New Zealand market, it offers Zip Pay in 4 products.
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Latest news
How ASX BNPL stocks fell from grace
If there is one market sector that encapsulates the rapid change in share market sentiment this year, it is the buy now pay later (BNPL) sector. It was one of the few “technology’’ areas that Australia dominated in the long bull market but the sector is now littered with broken deals and extreme share price […]
Douugh raises $6 million ahead of ASX debut
Next-generation neobank Douugh plans to list on the ASX this month to scale up its customer base in the United States and ahead of launching its money management app in Australia. The company will list via a reverse takeover of Australian telco ZipTel (ASX: ZIP). Douugh has developed an artificial intelligence (AI) powered app that […]
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