Depends how you see it, im not afraid of bnpl regulations and think its a positive move forward. Its so much harder to get a loan from traditional banking and the younger generation prefer a digital option. the fact it is now regulated means more protection for the consumer, driving more users. Happening on a global scale would also mean improving credit score , bad debts are decreasing showing the strong credit model ZIP had already adopted and loan book only has a small portion of irresponsible users (noting big banks would also have a provision for bad debts) normal. Dont forget Westpac was a backer of ZIP for the same reasons above and sold in 2020 for a $330m profit due to the volatility in bnpl sector. I think we will see some partnerships forming whether a bank partnership or another bnpl competitor. glta but i really think ZIP is well positioned to benefit from the changes in bnpl and its global presence
glta
ZIP Price at posting:
$3.03 Sentiment: Buy Disclosure: Held
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