Future save me zip share trial#

You don’t buy a new laptop or headset every year. On top of that, the big Working From Home (WFH) spending spree of 2020 and the early parts of 2021 is over. And when online retailers struggle, so will the BNPL companies, because their revenue is directly related to online revenues of their merchants. Online retailers, like Kogan, have been struggling as consumers have gone out to bricks-and-mortar stores again when lockdowns were lifted.

GET A 3-MONTH FREE TRIAL TO CONCIERGE TODAYĪnother factor driving down BNPL shares is simply that the initial Corona growth wave is over. No time to do stock research, but you still want to invest? Stocks Down Under Concierge gives you timely BUY and SELL alerts on ASX-listed stocks! These sorts of big players have very deep pockets and can make life miserable for the juniors. And of course Square (now called Block, ASX:SQ2) acquired AfterPay.

Just on ASX we have OpenPay (ASX:OPY), LayBuy (ASX:LBY), Sezzle (ASX:SZL), Humm (ASX:HUM), IOUPay, (ASX:IOU), Douugh (ASX:DOU), Splitit (ASX:SPT) and Latitude (ASX:LFS), who all offer some sort of BNPL product.Īnd don’t forget the international giants getting into this space, like PayPal. Apart from the larger players, like AfterPay, Klarna, and even Zip, a range of smaller players is trying to get a piece of the BNPL pie. So, why do Zip shares keep falling?įirstly, the competition has increased across the board. Check out our latest Investor Webinar on Zip here Zip shares are down more than 80% from their 2021 peakįollowing the massive run in Buy Now, Pay Later (BNPL) shares during the height of the Corona pandemic, most BNPL stocks have been cratering for almost a year now, including Zip Co (ASX:Z1P), which has come down by about 80% since then.

Future save me zip share trial#