Australian BNPL Zip may take charges on US, Europe units, 'deprioritise' crypto offer

By

Zip fallout continues.

Australian BNPL Zip may take charges on US, Europe units, 'deprioritise' crypto offer
Australian buy-now-pay-later company Zip Co said on Thursday it was weighing an impairment charge on its new US and European businesses, exiting Singapore and "deprioritising" a cryptocurrency offering, citing challenging market conditions. "Reflecting current market conditions, the company has ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Lendi Group unveils agentic AI-powered home loan 'guardian'

Lendi Group unveils agentic AI-powered home loan 'guardian'

Coles eyes AI to keep shelves stocked in next viral recipe trend

Coles eyes AI to keep shelves stocked in next viral recipe trend

NBN Co weaves AI and automation into its operational "fabric"

NBN Co weaves AI and automation into its operational "fabric"

CBA's leaders are keeping a close watch on AI metrics

CBA's leaders are keeping a close watch on AI metrics

Log In

  |  Forgot your password?