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Zip to wind down SME trade finance products

Zip has confirmed that it is slimlining its SME lending arm, Zip Business, and withdrawing its trade finance products.

Zip to wind down SME trade finance products
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Zip to wind down SME trade finance products

ASX-listed buy now, pay later (BNPL) company Zip Co Ltd (Zip) has confirmed that it will slimline its small-business lending operation Zip Business.*

Zip Business first launched into market in 2020 following Zip’s acquisition of Spotcap Australia and New Zealand.

Read more at The Adviser

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