Zip Co Ltd (ASX:ZIP) provides customers with a revolving line of credit to finance their retail purchase with its brands of Zip Pay, Zip Money and Pocketbook. It is one of the largest Buy Now, Pay Later (BNPL) providers in Australia. Some of its largest clients include Bunnings Warehouse, Appliances Online, EB Games and Officeworks. Zip Co shares once traded under the ‘Z1P’ ticker symbol but have since changed to ‘ZIP’ (the old Ziptel ASX ticker symbol).
With the Zip Co Ltd (ASX: Z1P) share price down 80% over one year, will the acquisition of Sezzle Inc (ASX: SZL) turn things around?
The S&P/ASX 200 (ASX:XJO) finished down 0.6% on Friday as Paladin Energy (ASX:PDN) and CSL (ASX:CSL) shares were in the news.
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The Australian share market continued the post-invasion recovery, with the S&P/ASX 200 (INDEXASX:XJO) gaining 0.7% to begin the month of March.
The Zip Co Ltd (ASX:Z1P) share price has dropped 8% in early trading after the buy now, pay later company’s capital raising.
The S&P/ASX 200 (INDEXASX:XJO) gained 0.7% to start the week as Zip (ASX:Z1P) and BHP (ASX:BHP) shares were in the news.
The Sezzle Inc (ASX:SZL) share price is under the spotlight after reporting its FY21 result and receiving a takeover bid.
After reporting the FY22 half-year result, what’s the Zip Co Ltd (ASX: Z1P) share price doing? The report showed a lot of growth.
Zip Co Ltd (ASX: Z1P) has agreed to merge with Sezzle Inc (ASX: SZL) for $491 million as the buy-now-pay-later (BNPL) land grab heats up.
