Zip Co Limited (ASX: ZIP)
Company Information Zip Co Limited (ASX: ZIP) Zip Co Limited is an Australia-based company, which is engaged in digital retail finance and payments. The principal activity of the Company is offering point-of-sale credit and digital payment services to customers and providing integrated retail finance solutions to merchants, both online and in-store. The Company…
Zip Co Shares (ASX: ZIP) Shed 7% as Company Rejoins ASX 200
Zip Co shares (ASX: ZIP), the renowned buy now pay later (BNPL) provider, have experienced a decline on Monday’s trading session. Despite the news of the company’s return to the ASX 200 index, investors witnessed the share price drop by 7.08% to a price of $1.58. This takes more than $100million off the market of…
Zip Co Limited (ASX: ZIP) Weathers the Stormy BNPL Market
ZIP shares hit all-time highs in the early days of the Buy Now Pay Later (BNPL) frenzy. Fierce competition and rising interest rates began to take its toll on multiple BNPL providers. Zip Co showed strong results in its latest quarterly report. The BNPL craze swept multiple start-ups into the market, with big name financial…
Zip Co to snap up BNPL rival Sezzle
SYDNEY, AAP – Buy now pay later operator Zip Co has agreed to acquire smaller US-focused rival Sezzle in an all-stock deal valuing the target company at $491 million. Zip says it will raise $199 million through a share placement to investors and a share purchase plan for existing shareholders to part fund the deal….
Buy Now Pay Later Providers Under a Microscope
Although the US market trails much of the world – especially Australia – in consumer adoption of what some believe to be a new and revolutionary approach to buying goods, the origins of the current Buy Now Pay Later (BNPL) mania can actually traced back to installment plans in the US as early as the…