Zip Eyes Nasdaq Listing Amid BNPL Boom
Australian buy now, pay later company Zip is exploring a listing on the Nasdaq stock exchange as the BNPL sector experiences a resurgence in investor interest. The potential US listing would give Zip access to a deeper pool of technology-focused investors.
Zip, which is already listed on the Australian Securities Exchange, has been building its US presence and sees a Nasdaq listing as a way to accelerate growth in its largest international market. The move comes as BNPL companies globally benefit from renewed consumer and merchant adoption.
The potential dual listing reflects growing confidence in the BNPL business model after a period of scepticism from investors. Several BNPL providers have returned to profitability or demonstrated clearer paths to sustainable growth, reigniting interest from public market investors.