Zip Co Ltd
Company Profile
Business description
Zip is a credit provider operating two segments: Australia and New Zealand, and the US. Founded in Australia in 2013, it has over 6 million active customers and partners with over 85,000 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 and New Zealand offering is a far more vanilla BNPL offering: Pay-in-4 in New Zealand and Pay-in-Z in the US, where customers pay back in fixed instalments. 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
30 June 2027
Employees
1,498
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Markets
Index | Last price | Change | % Change |
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| NZX 50 Index | 13,665.18 | 97.61 | -0.71% |
| S&P 500 | 7,503.85 | 33.58 | -0.45% |
| S&P/ASX 200 | 8,785.10 | 47.50 | 0.54% |
| SSE Composite Index | 3,970.88 | 19.36 | -0.49% |