Zip has better tech than Afterpay. Period. Their decision to...

Zip has better tech than Afterpay. Period. Their decision to partner with Visa to offer effectly a virtual 1500 dollar credit card that can be used anywhere and pay in 4 is like the best of breed credit card. Ultimate flexibility. No fees. Use anywhere. Their one time online ghostcards are far more secure than using a physical credit card online that doesn't expire for years. It's well known what a credit card number fetches on the black market. You cannot fraud a one time ghost credit card. Zip has nailed those elements.
But zip is also spreading thin with focus on B2B and crypto and etc... I'm not sure what their strategy is. They have way too many shares on issue now compared to Afterpay meaning no steep share price rises now with half a billion dollars raised and we are about to see what is happening to Afterpay happen to zip; ie 400 million of convertible notes lent to Shorters who can then short the stock. That is why Afterpay share price is dropping a lot see the AFR article. So there is going to be some pain coming zips way very soon imho.

growth numbers for both are great but they are many many years from any sort of profits. And the ASX will punish them for this. ASX do not have the appetite for companies to keep running high growth and zero profit. We expect the business to start generating a profit. This is unlike the Nasdaq that seem to be ok with high growth and losses year after year.

All imo