Chart - Z1P, page-4555

Just to give u a idea of Wall Street appetite for these BNPL companies affirm ipo went up from $33 to $49 , now trading around $120 ,looks like zip is in the sweet spot

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The latest true-to-form example is the biggest offering so far this year, the Nasdaq debut of Affirm Holdings on January 13. Affirm provides financing for online purchases to customers who don’t have savings accounts or credit histories, and might otherwise not be denied credit. Its founder and CEO is Max Levchin, who launched PayPal with Peter Thiel, whose Founders Fund is a major investor.

Initially, Affirm announced in a January 5 filing that it expected the lead underwriters, Goldman Sachs, Morgan Stanley and Allen & Co., to price its shares at between $33 and $38. Eight days later, in its offering prospectus, Affirm disclosed that the range had jumped to between $41 and $44. And on January 11, the day before the IPO, Affirm announced in a press release that its bankers had pre-sold the offering at $49. The research and advisory firm IPO Boutique reported that the deal was “multiple times over-subscribed, with very strong momentum from the roadshow.”