Forbes October 2023Today, the business has 6.2 million active customers globally. And the US continues to present the largest
opportunity, Diamond says. That’s thanks to a load of underserved customers in the US who are looking for access to fair credit and are locked out of the traditional financing system, he says.
According to a 2021 Federal Deposit Insurance Corporation report, around 4.5% of US households (approximately 6 million) were unbanked, meaning no one in the household had a checking or savings account at a bank or credit union. That figure is up near 20% when you include underbanked households. This population relies on alternative financial products and services.
“There is a huge opportunity for a player like Zip to meet the needs of those customers,” Diamond says.
$2 PARTY, page-10188
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.70 |
Change
-0.090(5.04%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.78 | $1.69 | $129.7M | 75.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 93847 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 556968 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |