Zip offers buy now, pay later services and a variety of alternative credit solutions for retailers both online and in-store. In addition to digital checkout technology, the company also provides digital wallets for consumers, as well as Pocketbook, a budget planner and personal finance app.
The business has grown rapidly, powered by a string of high-profile acquisitions. In 2020, Zip acquired US-based competitor QuadPay, paving the way for global expansion.
With its UK launch, Zip enters a crowded market of buy now, pay later providers – including Klarna and Afterpay, who are both valued at over $1b and are already dominant.
Steph
Company Specialist at Welcome to the Jungle