Articles On Zip Co (ASX:Z1P)

The Zip Co Ltd (ASX: Z1P) share price is falling again on Wednesday. In morning trade, the buy now pay later (BNPL) provider’s shares are down 3% to $2.00. Why is the Zip share price falling? The Zip share price has come under pressure tod...

The Australian share market continued the post-invasion recovery, with the S&P/ASX 200 (ASX: XJO) gaining 0.7% to begin the month of March; this comes after finishing February just 1.1% higher. The ASX technology sector was the biggest...

World Overnight SPI Overnight 6997.00 – 49.00 – 0.70% S&P ASX 200 7096.50 + 47.40 0.67% S&P500 4306.26 – 67.68 – 1.55% Nasdaq Comp 13532.46 – 218.94 – 1.59% DJIA 33294.95 – 597.65 – 1.76% S&P500 VIX 33.32 + 3.17 10...

Zip Co's (ASX:Z1P) 1H22 result had been pre-released and disappointed on higher bad debts and operating expenses than we expected.

Highlights The ASX 200 closed 0.7% higher to 7,096.50. Tech shares dominated the session, and the sector was the day’s best performer, up 5.7%. Asian markets were off to a good start, as investors closely eye the geopolitical situatio...

Australian stocks rose for a third session after the Reserve Bank renewed its pledge to be patient on rates, citing the war in Ukraine as “a major new source of uncertainty”. The S&P/ASX 200 rallied into the 2.30 pm RBA announcement...

The S&P/ASX 200 Index (ASX: XJO) is enjoying a healthy day in the green so far this Tuesday. At the time of writing, the ASX 200 is up by a robust 0.84% at 7,109 points. But let’s dig a little deeper and take a look at the ASX 200 shar...

The S&P/ASX 200 Index (ASX: XJO) is on course to start the month in a positive fashion. In afternoon trade, the benchmark index is up 0.8% to 7,105.9 points. Four ASX shares that have failed to follow the market higher today are listed...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AKE)) - Allkem ((AUA)) - Audeara ((AOF)) - Australian Unity Office Fund ((AVG)) - Australian Vintage ((DCN)) - Dacian Gold ((DBI)) - Dalrymple Bay Infrastructure ((DTC))...

Yesterday we looked at three ASX shares brokers have given buy ratings to this week. Unfortunately, not all shares are in favour with them right now. Three that have just been given sell ratings are listed below. Here’s why these brokers a...

Citi’s sell-side research branded Zip Co’s Sezzle deal “an expensive customer acquisition strategy” while Macquarie termed it a “merger out of necessity”.

The Sezzle Inc (ASX: SZL) share price has returned from its trading halt and dropped into the red. In afternoon trade, the buy now pay later (BNPL) provider’s shares are down 3% to $1.70. Why was the Sezzle share price in a trading halt? T...

Australian stocks rose for a third day as buyers continued to discount the threat of significant economic fallout from the Russia-Ukraine crisis. The S&P/ASX 200 rallied 86 points or 1.22 per cent, supported by tentatively positive U...

Highlights The benchmark ASX 200 surged 1.1% to 79.3 points in the first 15 minutes of trading. The Russian ruble hit an all-time low on Monday with Russia hit by a bombardment of Western sanctions. The IT sector is buzzing with a 4.4...

At lunch on Tuesday, the S&P/ASX 200 Index (ASX: XJO) is on form again and charging higher. The benchmark index is currently up 1.3% to 7,142 points. Here’s what is happening on the ASX 200 today: Zip shares tumble after raising ~$150m...

01 Mar 2022 - Zip Co (ASX:Z1P) has raised $148.7 million via an institutional placement following a proposed takeover of payments company Sezzle announced yesterday.

Zip shares fell 7.7% following resumption of trade on Tuesday after the company announced a $491 million all-scrip takeover of US BNPL Sezzle. The merger, offering a 31.7% premium on Sezzle shares based on the 30-day volume weighted average...

The Zip Co Ltd (ASX: Z1P) share price has returned from its trading halt and is tumbling lower. In morning trade, the buy now pay later (BNPL) provider’s shares were down as much as 11% to a new 52-week low of $1.96. At the time of writing...

Zip Co (Z1P) aims to raise almost $200 million to help it strengthen its balance sheet and accelerate growth The company has already raised $148.7 million through a placement and aims to raise a further $50 million through a share purchase...

The Zip Co Ltd (ASX: Z1P) share price has dropped 8% in early trading after the buy now, pay later company’s capital raising. Zip’s raising success The buy now, pay later business told investors that it had successfully completed the fully...

Rumours that Russia and Ukraine were being encouraged to come to the table for peace discussions supported the market on Monday, with the S&P/ASX 200 (ASX: XJO) gaining 0.7%. Materials surge on supply uncertainty Mining, materials and e...

The S&P/ASX 200 Index (ASX: XJO) overcame tough trading conditions to record a decent gain in February. The benchmark index rose 1.1% to end the period at 7,049.1 points. Unfortunately, not all shares were able to climb higher with the...

On Monday, the S&P/ASX 200 Index (ASX: XJO) was back on form and finished the month on a positive note. The benchmark index rose 0.7% to 7,049.1 points. Will the market be able to build on this on Tuesday? Here are five things to watch...

The Sezzle Inc (ASX: SZL) share price is under the spotlight after reporting its FY21 result and receiving a takeover bid. Sezzle is a buy now, pay later business that is operating mostly in the US. My colleague, Lachlan Burr-Jensen, has al...

ASX-listed buy now, pay later (BNPL) fintech Zip plans to acquire rival Sezzle in a $491 million all-scrip merger. The offer, now under a definitive agreement, will see Sezzle (ASX: SZL) investors swap their holding for 0.98 Zip (ASX: Z1P)...

Highlights The Australian share market closed higher today, despite Western nations ramping up sanctions against Russia as the conflict boils further. Asian stock markets traded lower. Investors now await Wall Street’s opening perform...

The ASX200 has come to a jerky halt, closing more than 50 points or 0.7% higher. The market is down 5.6% over the last 52 weeks. The ASX Emerging Companies (XEC) index ended 0.6% better. The Four Horsemen of the Apocalypse are abroad on Mon...

Meta-description: Zip Co Ltd [ASX:Z1P] is set to acquire fellow BNPL stock Sezzle Inc [ASX:SZL] in an all-scrip deal valuing Sezzle at $491 million. The post Zip to Buy Sezzle in BNPL Consolidation Deal [ASX:Z1P] appeared first on Money Mor...

Risk-off moves on global financial markets curbed a second day of share-market gains as investors fretted about the economic fallout from the Russia-Ukraine crisis. The S&P/ASX 200 climbed 51 points or 0.73 per cent. The last maj...

The tough conditions gripping the Buy Now, Pay Later sector has seen Zip Co Limited (ASX: Z1P) make an agreed takeover scrip bid for Sezzle Inc (ASX: SZL) using 0.98 Z1P shares for 1 SZL share. At Friday’s close of $2.21, this values each S...

Highlights The benchmark ASX 200 was up 0.6% to 7,034.9 in the first 15 minutes of trading. On the ASX, eight out of the 11 sectors were trading in the green today. Global markets could be setting for another volatile week in light of...

Australian stocks rose for a second session, hampered by a slump in US futures after the West turned the screws on Russia’s economy. The S&P /ASX 200 climbed 36 points or 0.52 per cent by mid-session. Oil producers, grain companie...

After reporting the FY22 half-year result, what’s the Zip Co Ltd (ASX: Z1P) share price doing? Zip is one of the largest buy now, pay later operators. However, the Zip share price has sunk 80% since the start of the year. Zip’s FY22 half-ye...

Zip Co (Z1P) has officially announced it will acquire fellow buy now, pay later stock Sezzle (SZL) for an implied value of $491 million Rumours were circulating regarding the merger of the competitors, however Zip has now put the speculati...

At lunch on Monday, the S&P/ASX 200 Index (ASX: XJO) is having a decent start to the week. The benchmark index is currently up 0.5% to 7,031.4 points. Here’s what is happening on the ASX 200 today: Zip to acquire Sezzle for $491 millio...

Zip Co Ltd (ASX: Z1P) will merge with Sezzle Inc (ASX: SZL) for $491 million after agreeing to join forces as the buy-now-pay-later (BNPL) land grab heats up. The combined business will have 13.3 million customers and over 128,000 merchants...

Payments group Zip Co is seeking to raise $149 million in a placement of new shares at $1.90 each, and about another $50 million in a share purchase plan. 

Australian buy-now pay-later company Zip Co (ASX: Z1P) has today entered into a merger agreement with US-based rival Sezzle, valuing the target at approximately $491 million. Concurrently, Zip has announced a $198.7 million capital raise a...

Larry Diamond, founder and CEO of the Aussie buy now pay later prince Zip Co (ASX:Z1P) has surprised markets on Monday morning with a stunning takeover play for rival Sezzle (ASX:SZL) in a deal worth almost $200 million. Both companies are...

The Sezzle Inc (ASX: SZL) share price is frozen on Monday morning. This follows a trading halt request by the buy now pay later (BNPL) provider prior to the market open. Why is the Sezzle share price halted? The Sezzle share price has been...

BNPL provider Zip Co will acquire rival Sezzle in an all-stock deal that will add scale in the key US retail market.

The Zip Co Ltd (ASX: Z1P) share price won’t be going anywhere today. This morning the buy now pay later (BNPL) provider released its half year results and requested a trading halt. Zip share price halted amid capital raising Transaction v...

28 Feb 2022 - A snapshot of the stocks on the move featuring InvoCare (ASX:IVC), Perseus Mining (ASX:PRU) & Zip Co (ASX:Z1P).

Shaw and Partners is pleased to be appointed as Co-Lead manager to the capital raising by Zip Co Limited. Zip is undertaking a fully underwritten institutional Placement... Read More

One of the few surprises in Zip Co’s deal to acquire Sezzle and $200 million equity raising was buried deep in the adviser list. 

Highlights The Australian share market is expected to start the week on a positive note. According to the latest SPI futures, the ASX 200 is likely to open massive 166 points or 2.4% higher on Monday. On Wall Street, the Dow...

Once a week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels can sometimes b...

The ASX appeared set for a blistering start to the week following the Dow’s best session in more than a year. Futures action suggested the S&P/ASX 200 would open 166 points or 2.39 per cent higher this morning. However, a weekend...

On Friday, the S&P/ASX 200 Index (ASX: XJO) finished a very difficult week with a small daily gain. The benchmark index rose 0.1% to 6,997.8 points. Will the market be able to build on this on Monday? Here are five things to watch: ASX...

Zip Co and its underwriters have crystal ball out, in an effort to get a $100 million to $150 million equity raising done.