Why Zip Co Is on a Tear This Week, Zip Share Price Up (ASX: ZIP)

Shares for Zip Co Ltd [ASX:Z1P] are up close to 16% since Monday this week. Zip Co released their FY19 results today. The company exceeded expectations logging in $1.1 billion worth of transactions and an 80% growth in customers. The company is also looking at going global. At the beginning of the week they announced the acquisition of PartPay for...

Why Afterpay’s Share Price Spikes Up 3.79%

The Afterpay Touch Group Ltd [ASX:APT] share price shot up by nearly 4% this morning and has now dropped off slightly, sitting 2.88% up at time of writing. This continues a positive trend for the fintech giant, its share price having climbed yesterday too...

Zip Share Price up Big on Quarterly: Are Credit Cards Dead?

At time of writing, the share price of Zip Co Limited [ASX:Z1P] is up significantly. Today, the Zip released its quarterly report which revealed significant progress across a variety of key metrics. The success of the company points to a troubled future for the big four’s consumer lending profits and credit cards.
Money Morning Australia