What sort of change to conditions are going to save ZIP from a shortage of capital which manifests as the larger competitors such as Affirm, Klarna and Afterpay sucking up multi national merchant agreements, offering bank account options to customers to spread the cost of funding and aiming to transact with a wealthier standard of customer at a far lower cost than ZIP can achieve? All I can see is the spectre of bad debt as inflation and ultimately unemployment rise, as they inevitably will
ZIP Price at posting:
$2.43 Sentiment: Sell Disclosure: Not Held
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