Company
Zip Co Limited
Headquarters: Sydney, NSW, Australia
Founded: 2013
Employees: 1,048
CEO: Mr. Larry Diamond
Market Cap
A$1.24 Billion
AUD as of July 1, 2024
US$823.7 Million
Zip Co Limited Categories
Australia Financials Credit ServicesAustralia Financials Australia Credit Services
Company Description
Zip Co Limited is a firm that specializes in financial technology. It provides comprehensive retail financing solutions to merchants in retail, education, health, and travel, as well as point-of-sale credit and digital payment services to customers and merchants. It has operations in Australia, the United States, the United Kingdom, New Zealand, South Africa, the Czech Republic, and the UAE.
Top Competitors by Market Capitalization
Industry: Credit Services
| Company | Market Cap (USD) |
|---|---|
| Visa | $550.38 B |
| Mastercard | $416.63 B |
| American Express | $169.49 B |
| PayPal | $62.39 B |
| Capital One Financial Corporation | $51.94 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $887.16 B |
| JPMorgan | $599.29 B |
| Visa | $550.38 B |
| Mastercard | $416.63 B |
| Bank of America | $316.02 B |
Detailed Description
Zip Co Limited provides point-of-sale credit, digital retail finance, and payments solutions to consumers, and small and medium sized merchants (SMEs) in Australia, the United Kingdom, the United States, New Zealand, Mexico, and Canada. It operates through three segments: ZIP AU, Zip Global, and Zip Business. The company offers unsecured loans, line of credit, and payment services to SMEs through online and in store. It provides Zip Pay and Zip Money, which are digital wallets; and Pocketbook, an app that provides personal financial management solutions. In addition, the company offers Buy Now Pay Later services whereby consumers split repayments into equal instalments. It serves retail, education, health, and travel industries. The company was formerly known as ZipMoney Limited and changed its name to Zip Co Limited in December 2017. Zip Co Limited was incorporated in 2009 and is headquartered in Sydney, Australia.
Top 1-year algo backtest: +265.99%
$10,000 in October 2023 would now be $36,599 by following this algorithm daily at market close.
Use AI to boost your investing & swing trading, now!
Try Disfold DeepFinance FREE
Stocks & Indices
Zip Co Limited has the following listings and related stock indices.
Stock: ASX: ZIP wb_incandescent
Stock: ASX: Z1P wb_incandescent
Product & Services
Zip Pay, Zip Money, Pocketbook, Quadpay
Key People
Larry Diamond (co-founder, CEO) Peter Gray (co-founder, COO)