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
Zip Co Ltd News & Analysis
stocks
Reporting season was stronger than share prices suggest
What 164 ASX earnings results revealed.
stocks
How I lost all my savings through a poor investment decision
With first timers at risk of poor investment decisions and an interest in speculative stocks, I explore my biggest investing mistake.
personal-finance
A checklist for valuing a share
Blindly basing investment decisions on target prices can lead to poor outcomes.
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,921.50 | 15.50 | -0.17% |
| CAC 40 | 7,819.25 | 13.63 | -0.17% |
| DAX 40 | 25,260.57 | 17.11 | -0.07% |
| Dow JONES (US) | 51,845.80 | 4.75 | -0.01% |
| FTSE 100 | 10,649.87 | 6.41 | -0.06% |
| HKSE | 24,345.22 | 74.02 | 0.30% |
| NASDAQ | 27,217.75 | 28.15 | -0.10% |
| Nikkei 225 | 67,777.52 | 1,253.40 | -1.82% |
| NZX 50 Index | 13,749.60 | 78.02 | -0.56% |
| S&P 500 | 7,802.60 | 4.64 | -0.06% |
| S&P/ASX 200 | 8,783.90 | 0.70 | 0.01% |
| SSE Composite Index | 3,800.86 | 3.62 | 0.10% |