Zip Co Ltd
Zip Co Limited is an Australia-based digital financial services company.
The business
Zip Co Limited is an Australia-based digital financial services company. The Company, operating in two core markets: Australia and New Zealand (ANZ) and the United States, offers access to point-of-sale credit and digital payment services, connecting millions of customers with its global network of tens of thousands of merchants. In ANZ market, it offers retail line of credit products and personal loans to consumers in Australia and retail installment products to consumers in New Zealand. In the United States market, the Company offers Buy Now Pay Later (BNPL) instalment products to customers. In the United States market, its products include Zip Pay in 4 (shop online and instore and pay in four payments over six weeks) and Zip Pay in 8 (shop online and instore and pay in eight payments over 14 weeks). The Company offers various products in Australia including Zip Pay, Zip Plus, Zip Money, and Zip Personal Loan. In New Zealand market, it offers Zip Pay in 4 products.
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Latest news
Weekly wrap: Aussie shares sink 0.6% as US Bonds defy Bessent intervention
ASX slips 0.6% for the week as US yields rise despite Bessent's bid to push rates lower; property and tech slide, Zip plunges 15% amid inflation jitters.
Softer resources drag down ASX 200 for the week
ASX 200 slips 0.5% as resources weaken, led by BHP and gold miners; Rio Tinto drops, NST sinks, oil rally fuels inflation fears.
Market Wrap: Caution finally hits ASX to end three-week winning streak
Weekly Wrap: ASX investors pondering a heap of variables over Easter
ASX ends Easter week near 1% higher amid oil spikes and Trump-Iran tensions; energy trims losses while tech slides, awaiting post-holiday trading.
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