Profits or losses will depend on the business model of the BNPLs. The important ingredient is scale and time is in the essence of getting there.
Companies that are fixated on profitability would likely forfeit scale. Those that remain small will eventually have to do consolidate to be part of something bigger or lose their relevance. Companies that are fixated on growth like ZIP will need to scale quickly yet have a plan to do so in a financially meaningful way. BNPL has its place in the market and opens up potential greenfield opportunities. The question is who remains and who is able to not only scale but also to innovate to unlock the opportunities.
Profits or losses will depend on the business model of the...
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Last
$1.82 |
Change
0.075(4.30%) |
Mkt cap ! $2.050B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.82 | $1.72 | $39.81M | 22.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 126671 | 13 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |