Articles On Zip Co (ASX:Z1P)

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.

It’s been another busy week of ASX shares reporting. Here’s your recap of all the big movements. Volatility is the price of entry If there’s one word to recap this week of ASX shares reporting season it’s volatile.  It’s rare to see a singl...

If the S&P/ASX 200 Index (ASX: XJO) had a bad day yesterday, it was nothing to what most ASX tech shares experienced. As we covered yesterday, the S&P/ASX 200 Information Technology Index (ASX: XIJ) was down close to 5% at one poin...

The market was hit with a storm on Thursday as share prices across the boards tumbled. In the midst of the chaos several S&P/ASX 200 Index (ASX: XJO) favourites plunged to new 52-week lows. The ASX 200 Index fell 2.99% over today’s ses...

As most ASX investors would be aware of by now, the S&P/ASX 200 Index (ASX: XJO) is currently enduring a pretty nasty sell-off so far this Thursday. At the time of writing, the ASX 200 has lost a sobering 2.94%, putting it at a 3-week...

World Overnight SPI Overnight 7028.00 – 90.00 – 1.26% S&P ASX 200 7205.70 + 44.40 0.62% S&P500 4225.50 – 79.26 – 1.84% Nasdaq Comp 13037.49 – 344.03 – 2.57% DJIA 33131.76 – 464.85 – 1.38% S&P500 VIX 31.02 + 2.21 7....

Highlights  Australian shares advanced 0.6%, or 44.4 points, to 7205.7 today. A strong session for the technology and communication services sectors catalysed this momentum. Asian stock markets traded mostly higher, despite broadly ne...

Today, the S&P/ASX 200 Index (ASX: XJO) was able to ward off another negative day despite Russia’s push into Ukraine, followed by sanctions from much of the western world. At the end of the session, the benchmark index finished 0.62% h...

The Zip Co Ltd (ASX: Z1P) share price ‘zipped’ higher today despite no news having been released by the company. But whatever the reason, its surge has likely eased the minds of anxious investors. Before today, the company’s stock had hit...

Trading Places is Stockhead’s semi-regular, pretty damn fascinating recap of the latest red flag buying and selling of ASX small cap shares.  It is here that the rubber really hits the road for fund managers, stakeholders, distant (and not-...

World Overnight SPI Overnight 7074.00 – 6.00 – 0.08% S&P ASX 200 7161.30 – 72.30 – 1.00% S&P500 4304.76 – 44.11 – 1.01% Nasdaq Comp 13381.52 – 166.55 – 1.23% DJIA 33596.61 – 482.57 – 1.42% S&P500 VIX 28.81 + 1.06 3...

The S&P/ASX 200 Index (ASX: XJO) fell 1% to 7,161 points. But the S&P/ASX All Technology Index (ASX: XTX) went down almost 3%. Many of the biggest ASX 200 tech shares have fallen heavily. The Xero Limited (ASX: XRO) share price fel...

Highlights The ASX 200 closed 1% lower, dropping 72.30 points to 7,161.30. US futures fell on fears of a conflict in Ukraine and shares in Asia-Pacific declined. As investors remain cautious over lingering geopolitical tensions in Ukr...

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...

As anyone who has glanced at the markets today would know, this Tuesday has been a rather depressing day of trading for the S&P/ASX 200 Index (ASX: XJO). The ASX 200 finished the day down a nasty 1%. A fall of that nature will inevitab...

The share market closed at a two-week low after a dramatic escalation in the Russia-Ukraine crisis triggered sharp declines on Asian markets and US futures. The S&P/ASX 200 skidded 72 points or 1 per cent to 7161. Today’s close was t...