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).
The S&P/ASX 200 (INDEXASX:XJO) is tipped to slide at the open on Friday following a weak lead from US markets overnight. Here’s what you need to know.
Earlier in the week, payments giant PayPal Holdings Inc (NASDAQ: PYPL) announced its arrival on the buy now, pay later (BNPL) scene, causing a stir on the ASX.
The Afterpay Ltd (ASX:APT) share price has dropped another 4% this morning as investors worry about PayPal Holdings Inc (NASDAQ:PYPL).
Investment Analyst Owen Raszkiewicz and Financial Adviser Drew Meredith of Wattle Partners talk about reports from BNPL stocks Afterpay Ltd (ASX: APT), Zip Co Ltd (ASX: Z1P), FlexiGroup Ltd (ASX: FXL) and QuickFee Ltd (ASX: QFE), including whether to buy, hold or sell.
The Zip Co Ltd (ASX:Z1P) share price is up again today after reporting its FY20 result. In early trading Zip shares are up 4%.
The Zip Co Ltd (ASX:Z1P) share price is going nuts after announcing a partnership with eBay Australia.
The Zip Co Ltd (ASX:Z1P) share price has risen again today. It was up almost 6% in earlier trading.
Zip Co Ltd (ASX:Z1P) shares are going bananas, it’s up around 9% after giving a QuadPay update.
Bruce Coombes is the Founder of Quickfee Ltd (ASX: QFE), a small-cap payments business from Australia.
