Zip Co Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Public

  • Employees
  • 1,498

Employees

  • Stock Symbol
  • ZIP

Stock Symbol

  • Investments
  • 18

  • Share Price
  • $0.52
  • (As of Tuesday Closing)

Zip Co General Information

Description

Zip is a diversified finance provider, offering consumer financing via a line of credit (via Zip Pay and Zip Money) and instalment-based finance (via QuadPay, Spotii, Twisto, and PayFlex); as well as lending to small to midsize enterprises (via Zip Business). Zip's fortunes are largely tied to the buy now, pay later, or BNPL, industry. Most of its products-Zip Pay, QuadPay (Zip U.S.), and PayFlex-do not charge interest based on outstanding balances. Around 60%-70% of Zip Pay's/Zip Money's revenue is derived from customers, mainly via account fees and interest. Meanwhile, its instalment businesses primarily generate revenue by receiving a margin from merchants, which compensates it for accepting all nonpayment risk and for encouraging consumers to transact more frequently.

Contact Information

Website
www.zip.co
Formerly Known As
Quadpay
Ownership Status
Publicly Held
Financing Status
Formerly Angel backed
Primary Industry
Consumer Finance
Other Industries
Other Financial Services
Financial Software
Stock Exchange
ASX
Corporate Office
  • GPR Box 3
  • Melbourne, Victoria 3001
  • Australia

Zip Co Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Zip Co Stock Performance

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.52 $0.61 $0.16 - $0.65 $534M 1.02B 18.8M -$0.06

Zip Co Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 30-Jun-2023 FY 2022 30-Jun-2022 FY 2021 30-Jun-2021
EV 2,177,380 1,979,899 1,902,765 4,552,470
Revenue 512,526 466,028 449,294 296,028
EBITDA 190,317 (23,432) (671,911) (451,463)
Net Income (40,796) (253,459) (800,821) (491,139)
Total Assets 2,298,828 2,247,104 2,329,370 2,550,509
Total Debt 1,761,865 1,943,493 1,902,664 1,604,476
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Zip Co Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Zip Co Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Zip is a diversified finance provider, offering consumer financing via a line of credit (via Zip Pay and Zip Money) and
Consumer Finance
Melbourne, Australia
1,498 As of 2022
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000000000 00000000
Stockholm, Sweden
0000 As of 0000
00.000
0000000000 0 00.000

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000000000 00000000
Queretaro, Mexico
000 As of 0000
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Zip Co Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Klarna Venture Capital-Backed Stockholm, Sweden 0000 00.000 0000000000 0 00.000
Openpay Formerly VC-backed Queretaro, Mexico 000 000000&0
You’re viewing 2 of 2 competitors. Get the full list »

Zip Co Patents

Zip Co Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
FR-466938-A Advanced compound material to stop leaks in pneumatic tires Inactive 17-Mar-1913 0000000000
GB-191305335-A Improvements in a composition of matter for stopping leaks in pneumatic tires. Inactive 03-Mar-1913 0000000000

Zip Co Executive Team (15)

Name Title Board Seat Contact Info
Larry Diamond Chief Executive Officer & Co-Founder
Cynthia Scott Chief Executive Officer & Board Member
Martin Brooke Chief Financial Officer
Ahu Chhapgar Chief Technology Officer
Jinal Shah Chief Marketing Officer & General Manager
You’re viewing 5 of 15 executive team members. Get the full list »

Zip Co Board Members (5)

Name Representing Role Since
Cynthia Scott Zip Co Chief Executive Officer & Board Member 000 0000
You’re viewing 1 of 5 board members. Get the full list »

Zip Co Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Zip Co Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Zip Co Investments & Acquisitions (18)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
ZestMoney 01-Jul-2023 00000 0000 Financial Software
Hemenal Finansman 08-Mar-2022 0000000000 00.000 Consumer Finance
Payflex (Sandton) 01-Jan-2022 0000000000 Financial Software 00000 000
Twisto 12-Nov-2021 0000000000 00000 Financial Software
Spotii 18-Oct-2021 Merger/Acquisition 0000 Other Financial Services 00000 000
You’re viewing 5 of 18 investments and acquisitions. Get the full list »

Zip Co Subsidiaries (1)

Company Name Industry Location Founded
Spotcap Financial Software Berlin, Germany 0000
To view Zip Co’s complete subsidiaries history, request access »

Zip Co ESG

Risk Overview

Risk Rating

Updated November, 11, 2023

23.45 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,605

Rank

00.00

Percentile

Diversified Financials

Industry

00 of 895

Rank

00.00

Percentile

Consumer Finance

Subindustry

00 of 217

Rank

00.00

Percentile

To view Zip Co’s complete esg history, request access »

Zip Co Exits (10)

Company Name Exit Date Exit Type Exit Size Status Buyers
ZestMoney 01-Jul-2023 00000 00000 00 Completed
  • 5 buyers
Payflex (Sandton) 01-Jan-2022 000000000000000000 Completed
  • 000 00
Twisto 12-Nov-2021 000000000000000000 00000 Completed
  • 000 00
Spotii 18-Oct-2021 000000000000000000 0000 Completed
  • 000 00
ZestMoney 21-Sep-2021 Later Stage VC 0000 Completed
  • 8 buyers
You’re viewing 5 of 10 exits. Get the full list »

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