It worked well for Afterpay. At this stage rapid market share is more important, and it only $1000.
I could argue the massive customer base is worth a'lot more (data & pricing power to potential new retailers) than some more defaults.
Another issue is I had friends with good credit score get rejected over $1000. Silly, and they have not bothered to call Zip, too much hassle.
That is a lost customer.
Now for higher loans (Zip Money) I do recommend keeping the credit check.
Anyone with connections with the CEO, please pass the msg.
It worked well for Afterpay. At this stage rapid market share is...
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Last
$1.72 |
Change
-0.040(2.27%) |
Mkt cap ! $1.915B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.83 | $1.70 | $26.91M | 15.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 15000 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |