Let’s call this what it is: pure downramping. The claim that Zip...

Let’s call this what it is: pure downramping. The claim that Zip is diving into the riskiest market is a complete misrepresentation.

• First off, Ms. Scott’s comments are being misused here. Yes, Zip is strategically targeting unserved markets like new migrants and those with low FICO scores, which represent a potential 100 million new customers in the U.S.. This isn’t about high risk; it’s about tapping into an enormous market with huge potential for growth.
• Secondly, Zip’s financials prove they know how to manage risk effectively. They’ve got U.S. bad debt rates at just 1.3% of transaction volume and a strong liquidity position of $327.2 million. This shows Zip's smart underwriting and cash flow management, not reckless lending.
• Lastly, Zip’s recent impressive financial performance speaks volumes. They reported a 43.6% increase in transaction volume and a 49.2% rise in revenue in the Americas year-over-year.

These are not the numbers of a company in trouble; they’re the signs of strategic, solid growth.So let’s cut through the downramping.

Zip is making calculated, strategic moves to tap into new markets and drive growth, backed by strong financials and effective risk management. They’re not taking reckless risks; they’re positioning themselves for sustained success.

Time to stop the downramping

1. Huge Untapped Market: Zip is eyeing a goldmine of opportunity with 100 million potential new customers in the U.S., targeting new migrants and those with low FICO scores. This is a strategic move to capture a massive, underserved market.

2. Rock-Solid Financials: Zip's got $327.2 million in cash and liquidity, and they’re killing it in the Americas with a 43.6% jump in transaction volume year-over-year. This financial muscle means Zip is ready to power through any market turbulence.Set for Growth

3. Game-Changing Products: Zip is on fire with innovative products like Zip Plus in Australia and a hot collaboration with Google Pay in the U.S. These moves are driving customer engagement through the roof and setting Zip up for explosive growth.To the moon!!!