Zip Co Limited (ZIZTF)
Zip Co Limited operates in the Financial - Credit Services industry of the Financial Services sector, headquartered in Sydney, NSW, AU. The stock last traded at $1.93, down 1.28% on the session, giving a market capitalisation of $2.40B. On trailing twelve-month figures it carries a trailing P/E of 32.90, a net margin of 8.9%. Its beta of 3.25 implies it has historically moved more than the broad market.
Zip Co Limited is a company specializing in innovative digital financial and payment services, catering to both individual consumers and small-to-medium sized enterprises (SMEs). Its global footprint spans numerous countries across multiple continents, including Australia, North America (Canada, Mexico, United States), Europe (Czech Republic, Poland, United Kingdom), the Middle East (Saudi Arabia, Turkey, UAE), Asia (Singapore), Africa (South Africa), and Oceania (New Zealand). Its operational structure is divided into five key segments: APAC, Americas, EMEA, Zip Business, and Corporate, facilitating its extensive global reach. For its SME clientele, Zip Co provides unsecured lending options and flexible lines of credit. Furthermore, it empowers consumers with its 'Buy Now, Pay Later' (BNPL) services, enabling them to access credit lines and installment payment options for both online and in-person purchases. Originally incorporated in 2009 under the name ZipMoney Limited, the company rebranded to Zip Co Limited in December 2017. It maintains its corporate headquarters in Sydney, Australia.
Zip Co Limited is most often compared with the following Financial Services names: