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).
Competition continues to build in the already crowded BNPL space as Commonwealth Bank of Australia (ASX:CBA) will soon offer its own BNPL service. Here’s my take.
The Afterpay Ltd (ASX:APT) share price has dropped after Commonwealth Bank of Australia (ASX:CBA) said that it’s launching a buy now pay later (BNPL) offering.
Buy now pay later (BNPL) companies were again some of the most-traded ASX shares last week, with Zip Co Ltd (ASX:Z1P) and Afterpay Ltd (ASX:APT) taking out the top spots. Here’s my take.
The Afterpay Ltd (ASX: APT) share price is down 29% since reaching an all-time-high share price in February this year. Is this a buying opportunity?
The ASX 200 (INDEXASX:XJO) is set to edge lower when the market opens on Monday. Southern Cross (ASX:SXL) and ASX travel shares are making headlines.
The Zip Co Ltd (ASX:Z1P) share price has fallen 40% since 16 February 2021, does this mean it’s now really cheap?
Competition continues to build in the buy-now-pay-later (BNPL) space after PayPal Holdings Inc (NASDAQ: PYPL) announced that it will offer a similar BNPL service for its 9 million customers in Australia.
The share prices of Zip Co Ltd (ASX:Z1P) and Afterpay Ltd (ASX:APT) will be on watch today on news that Paypal is coming for them in Australia.
The ASX 200 (ASX:XJO) is set to open higher on Tuesday. Treasury Wine (ASX:TWE), Santos (ASX:STO) and Nuix (ASX:NXL) shares are making headlines.
