Business
Zip buys into buy now, pay later players in Europe, Middle East – The Australian Financial Review
Buy now, pay later lender Zip is putting the foot down on its global expansion and CEO Larry Diamond said the board is acutely aware of execution risk as it considers…
Analysts say execution risk could become a big challenge for Zip. While we acknowledge the first/early mover advantage in entering new markets, we are concerned that Zip could be taking on too much given the launch of Tap & Zip in Australia, expansion into US and UK, as well as the launch of the SME offering, Mr Ahmed said on December 9.
Mr Diamond said Zips growing global remit is a key issue at board level, but the offshore strategy reflects that it cannot run multiple markets from Australia….
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