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).
Afterpay Touch Group Ltd (ASX:APT) has reported its FY19 result to investors, sending the Afterpay share price up by over 5%.
The Zip Co Ltd (ASX:Z1P) share price has risen in early trade in reaction to the release of its FY19 report.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.69% at lunch.
The Zip Co Ltd (ASX:Z1P) share price has risen over 4% in reaction to an exciting acquisition.
Afterpay Touch Group Ltd (ASX:APT) and Zip Co Ltd (ASX:Z1P) could face big competition from Commonwealth Bank of Australia (ASX:CBA).
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.17% at lunch.
The Zip Co Limited (ASX:Z1P) share price has rebounded today due to an announcement that Zip’s payment solution will soon be available throughout Big W stores.
Zip Co Ltd (ASX:Z1P) has chosen National Australia Bank Ltd (ASX:NAB) for the Zip Master Trust Programme.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.75% at lunch.
