I don't think investors who understand credit are too worried about Z1P's default rates. Other BNPL have reported low default rates because they dont have a higher risk product like ZipMoney. ZipMoney makes up less and less % of Z1P's revenue, especially with the quadpay integration. Default rates will decline, and that will be market expectations. There is no reason why they should stay flat or even increase.
I think investors just need confirmation on the tap & zip impact as detailed by other posters on this thread. The HY and later FY report will provide a clearer picture.
Z1P valuations, page-69
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$1.88 |
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-0.133(6.59%) |
Mkt cap ! $2.455B | |||
| Open | High | Low | Value | Volume |
| $1.95 | $1.98 | $1.87 | $22.50M | 11.74M |
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| No. | Vol. | Price($) |
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| 21 | 79144 | $1.88 |
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| Price($) | Vol. | No. |
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| $1.88 | 100714 | 23 |
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