TMM - News

Zip lowers on lending to tradies

Wednesday 13th of July 2022

The ASX-listed company has operations in 14 countries including New Zealand, but has been hit by big losses and a falling share price.

So it is cutting back on its buy-now-pay-later (BNPL) schemes for small and medium sized businesses (SMEs).  As part of this process, two products for the trade sector, Trade and Trade Plus, are being withdrawn. The company stresses its consumer len...

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