well this is awkward.....BNPL when flavour of the month........then oh us no, we are not BNPL.....you must be confusing us with some one else!



Announcement - ZEBIT FY21 FULL YEAR FINANCIAL RESULTS page 3
Regulatory Environment
It is important to note that Zebit is not a buy now, pay later (BNPL) credit program. The Company is an
eCommerce business that operates under retail installment sales laws in all 50 states and offers in-house
financing for products it sells to underwitten consumers. Zebit’s business model is very different from a BNPL
player in terms of how it makes money. Zebit makes money from the products that it sells, and the Company
only finances what it sells. This is a very different business model than that of BNPL programs that contract with
retailers and earn a percentage of the purchase price to finance a consumer’s transaction with the retailer.

from ASX

About ZBT

Zebit sells products as an eCommerce merchant and provides the financing to financially underserved customers (via an in-house and proprietary BNPL solution) for those products.