Zip Co Ltd
ZIP
Company Profile
Business description
Zip is a credit provider operating two segments: Australia and the US. Founded in Australia in 2013, it has 6.5 million active customers and partners with over 95,000 merchants. In Australia, Zip positions itself as a credit card alternative, with several revolving credit products. Customers can carry the balance over time with a monthly fee and set their own repayment schedule. The US offering is a far more vanilla BNPL offering: Pay-in-Z allows customers to pay back in fixed installments. The US segment is built on the 2020 acquisition of QuadPay and has recently become Zip’s largest and fastest-growing segment.
Contact
126 Phillip Street
Level 5
SydneyNSW2000
AUST: +61 300288664
Sector
Financial Services
Stock type
Cyclical
Industry
Credit Services
Fiscal Year End
Employees
877
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Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,905.80 | 11.30 | -0.13% |
| CAC 40 | 7,739.39 | 71.87 | -0.92% |
| DAX 40 | 25,046.36 | 325.39 | -1.28% |
| Dow JONES (US) | 52,111.21 | 756.77 | -1.43% |
| FTSE 100 | 10,639.26 | 85.77 | -0.80% |
| HKSE | 23,093.37 | 158.69 | 0.69% |
| NASDAQ | 25,982.68 | 26.18 | -0.10% |
| Nikkei 225 | 62,693.16 | 214.68 | -0.34% |
| NZX 50 Index | 13,733.93 | 12.91 | -0.09% |
| S&P 500 | 7,623.48 | 39.95 | -0.52% |
| S&P/ASX 200 | 8,795.20 | 2.00 | 0.02% |
| SSE Composite Index | 3,690.48 | 32.45 | 0.89% |