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Industries
Fintech
Consumer Goods
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Sydney, Australia
Founded
2013
Zip offers buy now, pay later (BNPL) services that allow consumers to make purchases and pay for them over time without interest. Its main products, Zip Pay and Zip Money, cater to everyday purchases and larger expenses, respectively. Zip operates in several countries, including Australia, New Zealand, the UK, the US, Canada, and Mexico, serving both individual consumers and businesses. The company generates revenue through merchant fees, late fees, and interest on certain products. What sets Zip apart from competitors is its focus on convenience, transparency, and flexibility, ensuring users are aware of their payment obligations. Zip's goal is to simplify the purchasing process and expand its market presence by partnering with various retailers.
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Total Funding
$1371M
Above
Industry Average
Funded Over
5 Rounds
Parental leave - Enjoy up to 20 weeks paid leave and return part-time on a full-time salary for 3 months!
Bonus scheme - We give you skin in the game through our various share incentive programs.
Family support - We support our ZipFam on their life journey through people policies and programs.
Volunteer leave - Use your paid volunteer leave to Zip it forward and create change in your community.
Reward & recognition - We love celebrating your wins and giving you the freedom to choose how you're rewarded.
Career growth - You'll be given clear progression pathways and transparent coaching so you can truly flourish.
GameStop said it expects to close a âsignificant numberâ of stores in fiscal 2025 after closing 970 stores in fiscal 2024.The plan is part of the retail gaming destinationâs ongoing evaluation of its international assets and operations aimed at achieving sustained profitability, GameStop said in a Form-10K filed Tuesday (March 25) with the Securities and Exchange Commission (SEC).During fiscal 2024, GameStop closed 590 stores in the U.S., 336 in Europe, 33 in Australia and 11 in Canada, according to the filing.The company also exited its operations in Ireland, Switzerland and Austria during fiscal 2023; closed its store operations in Germany and sold the Italian subsidiary that operated its Italian stores and eCommerce business during the fourth quarter of fiscal 2024; and, on Feb. 18, announced that it plans to sell its operations in France and Canada, the filing said.As of Feb. 1, the end of fiscal 2024, GameStop had 3,203 stores, 2,325 of which were in the U.S., per the filing.âWe have also initiated a comprehensive store portfolio optimization review which involves identifying stores for closure based on many factors, including an evaluation of current market conditions and individual store performance,â the company said in the filing. âThis review, among other things, resulted in the closure of 590 stores in the United States in fiscal 2024. While this review is ongoing and a specific set of stores has not been identified for closure, we anticipate closing a significant number of additional stores in fiscal 2025.âTogether with its effort to optimize its cost structure, GameStop is focused on establishing âomnichannel retail excellenceâ and expanding its addressable market by adding new product and service offerings, including graded collectibles, according to the filing.GameStop has been facing challenges as it adjusts to the rise of digital distribution and changing consumer behavior in the gaming retail industry PYMNTS reported in December.It was reported March 3 that the company partnered with Zip to offer a buy now, pay later (BNPL) option to GameStop customers.On Tuesday, GameStop announced that its board voted unanimously to add bitcoin as a treasury reserve asset
Zip says it has become the chief installment payments partner for video game retailer GameStop. âWe are so pleased to become the primary Buy Now, Pay Later partner of GameStop, a business that has been at the forefront of offering shoppers an array of customer-first options for gaming purchases, from payment options to trade-in policies,â Joe Heck, Zip U.S. CEO, said in a Monday (March 3) news release. âNearly 84% of Zipâs U.S. customers shop for gaming and accessories at GameStop, with many returning to Zip for repeat purchases,â he added. âGaming is one of Zipâs most popular categories overall, making Zip an ideal partner for helping these shoppers responsibly purchase goods and services from one of the industryâs fan-favorites and top businesses.â
Australia-based buy now, pay later (BNPL) provider Zip said Tuesday (Feb. 25) that demand from consumers and merchants drove its growth in the most recent half. The companyâs growth was especially strong in the United States, where it aims to serve consumers who are unable to access traditional credit and who use BNPL because of its flexibility, transparency and cash management capabilities, according to an investor presentation released Tuesday in conjunction with its earnings call. âOur customers are everyday Americans, a group of over 100 million Americans who have difficulty accessing or take higher costs to access traditional credit,â Zip Group CEO and Managing Director Cynthia Scott said during the earnings call
U.S. retail customers are adopting buy now, pay later (BNPL) options for in-store transactions, according to Zip. On a call with analysts Monday (Aug. 26) discussing the Australia-based FinTech companyâs fourth quarter fiscal 2024 financial results, CEO Cynthia Scott spoke to this shift. âOur Americas business had an outstanding year,â Scott said. ââŚHigher margin channels, including the physical card, saw strong in-store engagement, with card volumes up nearly 150% versus the prior year and in-store volume now driving 20% of all U.S
Australian buy now, pay later (BNPL) firm Zip is reportedly considering a partnership with Apple. That collaboration would integrate Zipâs installment payments offering with Apple in the U.S., CEO Cynthia Scott told the Wall Street Journal (WSJ). The company also plans to announce pacts with major U.S. merchants during this quarter, she added. âWe donât have an integration with Apple at the moment in the U.S., but thatâs something that we are in conversation with them about,â Scott said on Tuesday
$130k - $170k/yr
Union City, NJ, USA
Sydney NSW, Australia
Find jobs on Simplify and start your career today
UI/UX & Design
3 Open Roles
Discover companies similar to Zip
Industries
Fintech
Consumer Goods
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Sydney, Australia
Founded
2013
$134k - $140k/yr
New York, NY, USA
$130k - $170k/yr
Union City, NJ, USA
Sydney NSW, Australia
Find jobs on Simplify and start your career today
UI/UX & Design
3 Open Roles
Discover companies similar to Zip