0

One year ago, Australian BNPL firm Zip, which was founded by current CEO Larry Diamond in 2013,  purchased Sezzle as part of its global expansion.  Now, Zip is leaving  10 of its 14 global markets.  They will remain operational only in Australia, New Zealand, the USA, and Canada, in a bid to attain positive cash flow by the second half of 2024.

https://www.pymnts.com/buy-now-pay-later/2023/bnpl-firm-zip-exiting-most-markets-and-selling-assets-as-stock-plummets?utm_source=Sailthru&utm_medium=email&utm_campaign=Main%20NL%2003/02&utm_term=Main%20Newsletter

Leave a Reply

Share this...
Share on Facebook
Facebook
Pin on Pinterest
Pinterest
Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin