Daily Price Movement / General Discussion, page-38229

Couple of carrots to entice you are:

1) Pocketbook is currently being integrated into the zip app over the next 6 months you should see this
2) US app will see the integration of Urge IP. Urge enables people to search for specific items and it comes up with a list of stores where you can purchase, you can then use zip to pay for that. Seamless integration. In a way it is sort of like Instagram you can go through the app searching through photos and click on it to find where those clothes are from and then pay all within the same app.
3) high interest savings accounts in Australia next 6 months
4) Crypto Q1 next year- difficulty with regulation and other factors has made it hard for it to be rolled out and they need to work closely with regulators on this. The fact that commbank which you all have said did it before zip has implemented it will mean it will be easier to roll out.
5) Investment relations position hasn't been filled but they have got a contractor in to help for the interim. The candidates they received weren't what they were looking for so they have broadened the scope and are looking more at the US for this.
6) when asked about Nasdaq, confirmed it was purely to help zip market their new brand as the Nasdaq and Zip have partnerships on some things but it wasn't to do with a listing. When asked if that was something he was looking into he emphasized that it is "REAL consideration". access to US capital, Us investors but the downside risk is increased reporting and the costs associated with that.
7) Their cost of capital still has upwards of 1% to become more efficient which will happen over time as they recycle faster and show they are more efficient. This if secured offsets the risks associated to interest rate increases.
8) High inflation environment can work in zips favour, people still want to buy items BNPL facilitates that. Equally, not everyone will think like that and will decrease spending. Groceries and necessary items however have grown to be the 4th largest spend category for zip...
9) when asked about Larry's trip he found it funny that a global CEO can't visit the business and get it running without it looking like something more. They are always talking to buy side investors and he said they are more interested in partnerships, how the two can form strategic partnerships to grow the company.

The chat was more promising than the BS you hear on here. Trust the fundamentals and don't check if you can't stomach the red. EVERYTHING they said they were doing is being worked on. It can't happen overnight they have lots of external forces against them still. Covid, regulation, media and every C on this forum.