During Zip’s briefing this week, Scott pointed to total annual payments in the US of $11 trillion, telling investors that unsecured, short-term credit at the point of sale represented less than 2 per cent of this, with 100 million adults underserved by traditional finance. It’s the same market that is so attractive to Dorsey.
The average US household has $6000 in credit card debt. The buy now, pay later providers want to lure these balances to them, and it appears US consumers are open to the idea.
$2 PARTY, page-10187
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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 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |