Zip Co Ltd
Company Profile
Business description
Zip is a diversified finance provider, offering consumer financing via a line of credit (via Zip Pay and Zip Money) and instalment-based finance (via QuadPay, Spotii, Twisto, and PayFlex); as well as lending to small to midsize enterprises (via Zip Business). Zip’s fortunes are largely tied to the buy now, pay later, or BNPL, industry. Most of its products—Zip Pay, QuadPay (Zip U.S.), and PayFlex—do not charge interest based on outstanding balances. Around 60%-70% of Zip Pay’s/Zip Money’s revenue is derived from customers, mainly via account fees and interest. Meanwhile, its instalment businesses primarily generate revenue by receiving a margin from merchants, which compensates it for accepting all nonpayment risk and for encouraging consumers to transact more frequently.
Contact
126 Phillip Street
Level 5
Sydney NSW 2000
AUST: +61 282942345
Sector
Financial Services
Stock type
Cyclical
Industry
Credit Services
Fiscal Year End
30 June 2024
Employees
1,498
Morningstar Investment Ideas
Stocks
ETFs
- Australian ETFs
- Active Australian Equity ETFs
- Passive Australian Equity ETFs
- Emerging Market Equity ETFs
- Sustainable ETFs
- Active Global Equity ETFs
- Passive Global Equity ETFs
- Active Australian Fixed Interest ETFs
- Passive Australian Fixed Interest ETFs
- Active Australian Listed Property ETFs
- Passive Australian Listed Property ETFs
- Active Global Fixed Interest ETFs
- Passive Global Fixed Interest ETFs
- Active Global Infrastructure ETFs
- Passive Global Infrastructure ETFs
- Active Global Property ETFs
- Passive Global Property ETFs
Funds
- Active Australian Equity Funds
- Passive Australian Equity Funds
- Active Global Equity Funds
- Passive Global Equity Funds
- Sustainable Funds
- Emerging Market Equity Funds
- Passive Australian Listed Property Funds
- Active Australian Listed Property Funds
- Passive Global Infrastructure Funds
- Active Global Infrastructure Funds
- Active Global Property Funds
- Passive Global Property Funds
- Active Australian Fixed Interest Funds
- Passive Australian Fixed Interest Funds
- Active Global Fixed Interest Funds
- Passive Global Fixed Interest Funds
Markets
Index
|
Last price
|
Change
|
% Change
|
---|---|---|---|
All Ordinaries | 7,797.70 | 101.20 | -1.28% |
CAC 40 | 8,023.26 | 41.75 | 0.52% |
DAX 40 | 17,837.40 | 67.38 | 0.38% |
Dow JONES (US) | 37,775.38 | 22.07 | 0.06% |
FTSE 100 | 7,877.05 | 29.06 | 0.37% |
HKSE | 16,246.34 | 139.53 | -0.85% |
NASDAQ | 15,601.50 | 81.87 | -0.52% |
Nikkei 225 | 37,127.60 | 952.10 | -2.50% |
NZX 50 Index | 11,797.15 | 38.89 | -0.33% |
S&P 500 | 5,011.12 | 11.09 | -0.22% |
S&P/ASX 200 | 7,540.90 | 101.20 | -1.32% |
SSE Composite Index | 3,074.22 | 0.00 | -0.00% |
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Last price
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Change
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% Change
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