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Industries
Fintech
Consumer Goods
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$972.7K
Headquarters
Sydney, Australia
Founded
2013
Zip Co 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 generates revenue through merchant fees, late fees, and interest on certain products. The company partners with various retailers to enhance the shopping experience, focusing on convenience, transparency, and flexibility in payments. Unlike many competitors, Zip emphasizes clear communication about payment amounts and due dates. The goal of Zip is to simplify the purchasing process and expand its market presence globally.
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Total Funding
$972.7k
Below
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.
Zip says it has become the chief installment payments partner for video game retailer GameStop. “We 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,” Joe Heck, Zip U.S. CEO, said in a Monday (March 3) news release. “Nearly 84% of Zip’s U.S. customers shop for gaming and accessories at GameStop, with many returning to Zip for repeat purchases,” he added. “Gaming is one of Zip’s most popular categories overall, making Zip an ideal partner for helping these shoppers responsibly purchase goods and services from one of the industry’s fan-favorites and top businesses.”
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 company’s 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. “Our customers are everyday Americans, a group of over 100 million Americans who have difficulty accessing or take higher costs to access traditional credit,” 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 company’s fourth quarter fiscal 2024 financial results, CEO Cynthia Scott spoke to this shift. “Our Americas business had an outstanding year,” Scott said. “…Higher 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 Zip’s 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. “We don’t have an integration with Apple at the moment in the U.S., but that’s something that we are in conversation with them about,” Scott said on Tuesday
Australian streaming service Stan has chosen financial infrastructure platform Stripe to power its online payments and subscription billing.Stan has partnered with Stripe to help the streaming service increase authorization rates and reduce involuntary churn, according to a Wednesday (Aug. 21) press release.“We are continuing to build outstanding user experiences our customers value,” Stan Chief Technology Officer John Hogan said in the release. “Stripe’s strong expertise in financial infrastructure development helps by providing easy, intuitive and secure payment and billing processes for our customers.”In this partnership, Stan has worked with Stripe to accelerate its time to market with customized subscriptions by integrating Stripe Billing; increase its payment acceptance rate by combining Stripe Billing with Adaptive Acceptance, Network Tokens and Card Account Updater; and improve recovery rates by implementing Smart Retries, according to the release.Stan is adopting these solutions at a time when 90% of consumers in Australia have a streaming subscription, and there is an increasing number of subscriptions per person, per the release.“We’re thrilled to partner with Stan to offer more payment flexibility to its customers and scale its streaming business in a cost-efficient manner,” Karl Durrance, managing director, Australia and New Zealand at Stripe, said in the release.This is the latest of several new partnerships and product offerings announced by Stripe in recent weeks.Zip said Thursday (Aug. 15) that its buy now, pay later (BNPL) offering will be generally available later this year as a payment method for U.S. merchants using Stripe. That offering’s availability in the United States is currently limited to beta users.On Aug
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Industries
Fintech
Consumer Goods
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$972.7K
Headquarters
Sydney, Australia
Founded
2013
Find jobs on Simplify and start your career today