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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
    AUS

    T: +61 282942345

    https://www.zipmoneylimited.com.au

  • Sector

    Financial Services

    Stock type

    Cyclical

  • Industry

    Credit Services

    Fiscal Year End

    30 June 2024

    Employees

    1,498

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Markets

Index
Last price
Change
% Change
All Ordinaries 8,007.10 47.60 0.60%
CAC 40 7,934.17 6.74 0.09%
DAX 40 17,735.07 56.88 0.32%
Dow JONES (US) 39,087.38 90.99 0.23%
FTSE 100 7,682.50 52.48 0.69%
HKSE 16,589.44 78.00 0.47%
NASDAQ 16,274.94 183.02 1.14%
Nikkei 225 39,910.82 744.63 1.90%
NZX 50 Index 11,744.39 2.92 0.02%
S&P 500 5,137.08 40.81 0.80%
S&P/ASX 200 7,745.60 46.90 0.61%
SSE Composite Index 3,027.02 11.85 0.39%

Market Movers

Name
Last price
Change
% Change
Sayona Mining Ltd SYA 0.05 0.01 12.50%
Core Lithium Ltd CXO 0.24 0.03 14.29%
Pilbara Minerals Ltd PLS 4.38 0.18 4.29%
Zip Co Ltd ZIP 1.01 0.05 5.21%
Latin Resources Ltd LRS 0.22 0.00 0.00%
Vicinity Centres VCX 1.97 0.03 1.29%
Scentre Group SCG 3.15 0.04 1.29%
Paladin Energy Ltd PDN 1.20 0.04 -3.23%
South32 Ltd S32 3.02 0.07 2.37%
Liontown Resources Ltd LTR 1.29 0.05 4.05%