Search Result: zip

Sep
02

Zip welcomes fintech committee’s interim report

Zip Co Limited welcomes the release today of the interim report of the Senate Select Committee on Financial Technology and Regulatory Technology.

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Sep
02

Zip Co completes QuadPay acquisition

Zip Co (Z1P) has completed the purchase of QuadPay, a leading high growth buy now, pay later (BNPL) player in the United States. Quadpay allows customers to pay in four interest-free instalments over six weeks, online and instore. In early June, Zip announced it would purchase the New York-based company in a script deal worth $403 million. In August, the company reported a record month for QuadPay as it delivered monthly transaction volume in excess of US$70 million (approximately A$97 million) — a 30 per cent increase on the June average and a 600 per cent on July 2019 figures. CEO and co-founder, Larry Diamond, is pleased to welcome QuadPay […]
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Aug
31

Scale to profit: Afterpay, Zip plot global domination

Global domination propelled by the accelerating shift to e-commerce during the coronavirus pandemic has helped buy now, pay later leaders Afterpay and Zip.

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Aug
25

Zip Co propels higher on US takeover target update

A proposed US takeover that propelled Zip Co shares in June is once again lifting investor sentiment for the buy-now-pay-later group.

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Jul
23

Aussie spending threatened as restrictions rebound, says Zip

Customer spending seems to be bouncing back, but with restrictions rebounding across the country, those numbers are likely to take another dive.

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Jul
15

Zip Co seals record quarterly revenue

Zip Co says the fintech’s business model has proved “extremely resilient” through the COVID-19 pandemic, achieving record quarterly revenue of $46.4 million

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Jul
08

ZipTel steps closer to relisting with Douugh purchase update

Telecommunications business ZipTel is edging towards relisting on the ASX, with regulatory approvals gained for the purchase of fintech company Douugh.

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Jun
15

Online purchases thriving through COVID-19 as Zip revenues up 78%

Consumers have substituted trips to the mall with online purchases as evidenced by Zip Co’s results reporting a 78% increase in YoY monthly revenues.

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