Street Talk
Zip Co’s turnaround story lands the BNPL on takeover watchlists
Everyone loves a comeback story and Zip Co’s turnaround is no different.
It feels like only yesterday the BNPL sector was staring down a near-death experience as questions swirled about whether companies spurred by an ultra-low interest rate environment could survive. But the $1.3 billion Zip weathered the storm and has even, arguably, turned the corner.
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
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