Zip Co Limited is an Australia-based financial technology company that operates a buy-now, pay-later (BNPL) platform designed to offer flexible digital payment solutions for consumers and merchants. Its core products include Zip Pay, which allows users to make interest-free purchases up to a set limit with flexible repayments, and Zip Money, which provides higher-value credit lines subject to fees. The company’s mobile app and web interfaces enable customers to shop online or in-store, split payments into installments, and manage account balances in real time.
Founded in 2013 by Larry Diamond and Peter Gray, Zip Co gained traction in the Australian market and subsequently expanded into New Zealand, the United Kingdom, South Africa, Spain and the United States. The company is headquartered in Sydney and maintains regional offices to support local merchant partnerships and customer service operations. Zip Co integrates with retailer point-of-sale systems and e-commerce platforms to bring its payment options to a wide range of sectors including fashion, electronics, travel and health services.
Over the years, Zip Co has continually developed its technology stack to enhance underwriting, fraud detection and customer engagement. The company’s leadership team is headed by co-founder and co-CEO Larry Diamond, supported by Chief Financial Officer Timothy Hewett and Chief Operating Officer Andrew Hollenback. This executive group has overseen strategic initiatives such as the launch of Zip Business, a tailored solution for small and medium-sized enterprises that offers flexible payment terms and merchant funding options.
With a focus on responsible lending, Zip Co implements credit checks and spending controls to help customers manage budgets and avoid overextension. Its platform now serves millions of users worldwide and connects with tens of thousands of merchants seeking to increase sales conversion and customer loyalty. As the BNPL sector evolves, Zip Co continues to refine its product suite and explore new markets to sustain growth and deliver a seamless payment experience.
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