Zipmoney
Stock Code
ZML
Stock Exchange
Australian Securities Exchange
Zipmoney (ZML) was listed on the Australian Stock Exchange on December 9, 2009 and is in the Financials sector. ZIPMONEY LTD was a backdoor listing on the ASX, and raised $5 million on it's float with a $20 million debt facility. ZipMoney provides loans between $1,000 and $10,000 for up to eight months, with interest-free periods for between three to six months. The loans from ZipMoney can only be used to buy goods purchased from the retail partners. Customers are approved in less than three minutes over their mobile phone.
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