Zip (ASX: ZIP)

Digital financial services business Zip Co (ASX: ZIP) saw its share price jump by 12 per cent on Tuesday after delivering a strong set of numbers for the first quarter of FY25. Notably, group cash operating earnings (EBITDA) of $31.7 million soared by 234 per cent from the same time last year as the company

Aussies spend billions on buy now, pay later, which allows them to spread across their payments without losing out on a big sum in one fell swoop. What’s more, it cushions the blow of rising interest rates. The US is witnessing a similar trend. This has brought financial services like Zip (ASX: ZIP) into the

Regardless of the ongoing debates over the financial wisdom of doing so, the fact remains that Buy Now Pay Later (BNPL) services have gained immense traction in Australia. They’ve significantly changed how people shop and pay as more Australians are turning to BNPL, even for necessities.  Fueled by the surge, Zip (ASX: ZIP) has revealed

As the BNPL fad continues deepening into irrelevance, market leader Zip Co (ASX: ZIP) insists profitability is on its horizon. You just have to overlook any timelines for such to be achieved, and their $1 billion loss for FY22 which includes $276m in customer delinquency write offs.  Consumers have been happy to utilise Zip’s BNPL

Australians have witnessed the birth of a service that allows them to access their payday ahead of time via an advancement, bypassing banks with a service striving to operate similar to payday lenders but with fewer fees and shorter repayment timeframes. With several ‘pay advance’ companies popping up recently, it was only a matter of

Binding – what a great word! This will be the sentiment amongst most shareholders in buy-now-pay-later company humm group (ASX: HUM) which like its peers has seen a sharp downturn in BNPL customers. Thankfully for those shareholders though, humm has a “binding” agreement to sell their consumer finance business to Latitude Group (ASX: LFS) with

Cashing in on the busy retail season, buy-now-pay-later company Zip Co (ASX: Z1P) set a new quarterly record as Australians use the popular app over the past few months leaving repayments as a matter for future-self. With interest picking up around their platform, they have signed on 10 million new customers and a total of

As with the coronavirus, the buy now pay later (BNPL) sector was expected to have fizzled out by now. Instead, it’s stepped up another level in terms of revenue usage trends and valuations. Among investors, Fear of Missing Out (FOMO) is rife as the BNPL contagion continues to displace the role of credit cards in

Amid the US-led tech sell off the ASX-listed buy now pay later (BNPL) sector has had a decent touch-up, with valuations as much as 40 per cent down on their recent peak levels. Is it enough to quell what many investment experts view as a clear case of irrational exuberance? The near-term price graphs tell

The BNPL (Buy-Now-Pay-Later) space has investors divided, on one side there is a belief that it is the next big craze and will become the payment method of the future. On the other side, many think some of them have a runway too high on hype. The question remains can APT and Z1P grow earnings

Despite COVID-19 having challenged the retail industry, consumers have substituted trips to the mall with online purchases in droves as evidenced by Zip Co’s (ASX: Z1P) results though May with the BNPL provider reporting a 78% increase in YoY monthly revenues to $15.6m. Beyond the significant increase in their online payment volumes, transaction volumes were