zipMoney Trust 2017-1 BBSW +6.00% 10 May 2019 class B notes
zipMoney Payments Pty Limited (zipPayts) is a wholly owned subsidiary of zipMoney Limited (ZIP), an Australian publicly-listed company which was incorporated in 2013, and listed on the ASX in September 2015. The company was founded by Larry Diamond and Peter Gray and is a relatively new entrant in the Australian Retail Finance industry. ZIP offers point of sale credit and digital payment services to consumers (Retail Finance) providing integrated Retail Finance solutions to small, medium and enterprise merchants across various industries, both online and in-store. With 3,202 merchants at the end of March 2017, ZIP’s payment platform provides merchants with promotional retail finance, allowing retailers to offer a ‘buy-now/ pay-later’ option to consumers.