# Zip (Formerly Quadpay)

**Source:** https://www.startuphub.ai/startups/zip-formerly-quadpay
**Profile type:** Startup

> Buy Now, Pay Later (BNPL) service formerly known as Quadpay, enabling installment payments for online and in-store purchases.

## About

Zip (formerly Quadpay) is a leading 'Buy Now, Pay Later' (BNPL) service that allows consumers to split purchases into interest-free installments. It partners with a wide range of merchants, offering a seamless payment option for both online and in-store transactions, thereby increasing conversion rates and average order values for businesses.

## Key facts

- **Slug:** zip-formerly-quadpay
- **Website:** https://zip.co/
- **Location:** Sydney, Australia
- **Founded:** 2013-01-01
- **Operating status:** Active
- **Total funding:** $1.3B
- **Sectors / tags:** Fintech, Payments, Digital Payments, Embedded Finance, Consumer App, E-commerce

## Frequently asked

### What does Zip (Formerly Quadpay) do?

Zip (formerly Quadpay) is a leading 'Buy Now, Pay Later' (BNPL) service that allows consumers to split purchases into interest-free installments. It partners with a wide range of merchants, offering a seamless payment option for both online and in-store transactions, thereby increasing conversion rates and average order values for businesses.

### What is Zip (Formerly Quadpay)'s revenue?

StartupHub estimates Zip (Formerly Quadpay)'s annual revenue at $618.1M (range $387.2M to $699.6M, 27% confidence), based on comparable companies in the sector.

### What is Zip (Formerly Quadpay)'s valuation?

StartupHub estimates Zip (Formerly Quadpay)'s effective valuation at $5.1B (range $3.3B to $8.0B, 10% confidence), based on comparable companies in the sector.

### How much funding has Zip (Formerly Quadpay) raised?

Zip (Formerly Quadpay) has raised a total of $1.3B in funding. The most recent round on record is Secondary Market.

### Where is Zip (Formerly Quadpay) headquartered?

Zip (Formerly Quadpay) is headquartered in Sydney, Australia.

### When was Zip (Formerly Quadpay) founded?

Zip (Formerly Quadpay) was founded in 2013.

### What industry does Zip (Formerly Quadpay) operate in?

Zip (Formerly Quadpay) operates in Fintech, Payments, Digital Payments, Embedded Finance, Consumer App, E-commerce.

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