Zip Co offers digital retail finance and payments products, including consumer financing solutions and the Zip Business platform. The company is focused on expansion within the U.S. market and on refining and broadening its portfolio of consumer financing products. To support growth of its U.S. receivables, Zip secured a US$225 million refinancing debt facility with Victory Park Capital. The three-year facility is intended to provide strategic timing and flexibility to drive innovation across new and existing product lines. Zip has an extended relationship with Victory Park Capital dating to 2015, when they closed an A$108 million asset-backed warehouse that later grew to A$200 million, and in 2020 closed a A$100 million debt facility to fund receivables and support Zip Business.

Total raised

$334M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Jan 2024