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The Latest Breaking News from Zip

Zip shares zapped on earnings miss, rising bad debts

Consumers are increasingly tapping alternative credit, but a major provider has been punished on the stock market for not living up to growth expectations.

AAP

ZipRecruiter Analysts Lower Their Forecasts Following Q2 Results

ZipRecruiter, Inc. (NYSE:ZIP) reported better-than-expected second-quarter results and issued third-quarter sales guidance above estimates on Monday.

Benzinga

Huge Changes Are Coming To Buy Now, Pay Later Services: What You Need To Know

Under new rules, Buy Now, Pay Later services will be subject to the same regulations as credit cards in Australia.

Pedestrian.tv

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Zip Co, Mesoblast among ASX's best performers in 2024

Among the top performing stocks in 2024, shares in Zip Co rose more than fourfold while Mesoblast delivered a tenfold return for shareholders.

AAP

3 Outsourcing Stocks Driving Success

With the rise in the incorporation of digital technology, the outsourcing industry’s future appears to be in a bright spot, accelerated by innovation and supported by robust expenditure. Therefore, fundamentally strong outsourcing stocks Accenture (ACN), Stantec (STN), and ZipRecruiter (ZIP) could be solid portfolio additions at the moment. Read on….

StockNews.com

How Red Bull's next British star earned a fast-track to F3

It’s early morning in Portugal. A 13-year-old English lad, ready for a day of karting, is sitting with his father. The phone rings.

Autosport

3 Outsourcing Stocks Illuminating January 2024 Portfolios

Fueled by swift technological advancements, the outsourcing industry plays a pivotal role in driving innovation while simultaneously expanding its influence across the global market landscape. Thus, three outsourcing stocks, Laureate Education (LAUR), ZipRecruiter (ZIP), and CRA International (CRAI), could be ideal buys this month. Read on….

StockNews.com

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Google Pay To Add Buy Now, Pay Later Options

Google Pay has partnered with Affirm and Zip to add Buy Now, Pay Later features next year.

Kiplinger

3 Outsourcing Stocks to Watch for Prosperous December Gains

With enterprises’ increased emphasis on boosting operational efficiency, reducing costs, enhancing service quality, and accelerating core competencies, the outsourcing sector is well-poised to witness solid growth. Thus, quality outsourcing stocks Pearson (PSO), Genpact (G), and ZipRecruiter (ZIP) could be solid buys for potential gains this month. Read more….

StockNews.com

3 Outsourcing Stocks for an Accelerated Portfolio This December

Robust demand for outsourcing business and recruiting services across several industries and rapid adoption of cutting-edge technology provide ample growth opportunities for service providers. Hence, fundamentally sound outsourcing stocks Randstad (RANJY), Stantec (STN), and ZipRecruiter (ZIP) could be solid additions to your portfolio this month. Keep reading….

StockNews.com

More Americans are expected to 'buy now, pay later' for the holidays. Analysts see a growing risk

Consumers are expected to use “buy now, pay later” payment plans heavily this holiday season, a forecast that bodes well for retailers but that has credit experts again sounding alarm bells

The Independent UK

3 Consumer Financial Stocks with Strong Buy Signals for November

The financial services industry is set for solid growth and profitability, driven by sustained demand and widespread digital technology adoption. Moreover, the high-interest rate environment is expected to boost the profitability of these financial companies. To that end, it could be wise to buy fundamentally strong consumer financial stocks, Global…

StockNews.com

Buy now, pay later co Zip enjoying strong start to FY24

Zip Co has upgraded guidance, saying it expects to be cash earnings positive for 2023/24 after a strong first quarter.

AAP

The rules for Afterpay, Zip and other 'buy now, pay later' providers are changing. What it means for you, and them

More than 6 million Australians have used the “buy now, pay later” lending services offered by Afterpay, Zip and more than a dozen other companies.

The Conversation

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ABC News

Buy now, pay later services will be considered credit products by the end of the year. Here's how it will work

The federal government will classify buy now, pay later options as credit products, as part of sweeping changes to protect both consumers and the industry. Here's what it means in practice.

AAP

Clampdown on buy now, pay later following abuse claims

The federal government will move to regulate buy now, pay later services in a bid to protect Australians against financial abuse and hardship.

ABC News

Rising cost of living forces parent to use buy now, pay later services for essential medication

A Mildura mum says she has turned to Afterpay to cover medication for her disabled son while another woman says she would rather go without medicine than pay on credit.

Fortune

How drone company Zipline turned one country’s logistical nightmare into a foundation for success

The world's largest commercial drone delivery system launched by delivering blood to hospitals around Rwanda.

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news in one place.

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ABC News

Buy now, pay later? Not so fast, as the government looks to tighten regulation by year's end

Millions of Australians have buy now, pay later accounts, but the easy credit may soon be harder to come by as the government vows to crack down on the industry by the end of the year.

AAP

Loss now, profits later: Zip Co maintains rosy outlook

Zip Co posted another half-year loss but improving underlying earnings give the buy now, pay later provider cause for optimism.

The Guardian - AU

Australia’s corporate watchdog joins calls for stricter regulation of buy now, pay later products

Asic raises concerns about missed payment fees and people giving up essentials to afford repayments

The Guardian - AU

Cost-of-living crisis drives vulnerable Australians to buy now, pay later schemes, consumer groups say

With more people taking out loans for daily expenses, advocates urge tighter regulation of BNPL sector

The Guardian - AU

Buy now, pay later schemes increasingly an avenue for financial abuse, report finds

A quarter of financial counsellors surveyed said at least half the women seeking help had been coerced into acquiring BNPL debts

The Independent UK

Divorced mother creates ‘catfish-proof’ dating app

Dorisa Soudi, 52, a divorcee from London got tired of being duped on dates

The Guardian - AU

Australians turning to buy now, pay later schemes for groceries ‘stuck in a revolving door’ of debt

Financial counsellors say more and more people are turning to BNPL services for essentials such as food, petrol and bills

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