Hey, this is AUstocks_Pedia.
I would like to introduce some unfamiliar companies that may be of some help to your investments.
The company I'm going to introduce is $Zip Co Ltd(ZIP.AU)$
It went public on Nov 11th 2015.
[Company Profile]
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.
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.
[History & Events]
In 2013: The company was founded by Larry Diamond and Peter Gray as Zip Money, and offered a digital credit option to customers.
In 2015: Zip was listed on the Australian Securities Exchangeas zip Money Limited .
In 2016: Zip acquired Pocketbook, one of the most popular finance apps in Australia.
In 2017: Zip secured a $260 million debt facility with $200 million in funding fromNational Australia Bank, and a $40 million equity investment from Westpac Bank.
In 2018: Zip app was launched in the Google Play Store and then the Apple App Store later that year.
In 2019: Zip Co acquired 100% of the shares in PartPay Limited, a Buy Now, Pay Later company from New Zealand with early operations in the UK.
In 2020: Zip Co bought the remaining shares in New York-based "buy now, pay later" company Quadpay Inc for $430 million as part of its efforts to expand globally.
In 2021: Zip operates in the United States, the United Kingdom, Australia and New Zealand. They are also minority shareholders in Payflex in South Africa and Twisto in the Czech Republic.
[Main Business Segments]
[Net Income & Total Revenue]
[Competitors]
Chesswood Group $Chesswood Group Ltd.(CHWWF)$
CoAssets Limited $CoAssets(CA8.AU)$
Credit Corp Group $Credit Corp Group Ltd.(CCGFF)$
Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada
Earlypay $Earlypay(EPY.AU)$
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