Aussie BNPL Company Zip Strikes Microsoft Deal
Australian buy now pay later company Zip has made a huge deal with Microsoft that will see its technology built into Microsoft Edge’s shopping system.
Zip is expected to launch within Microsoft Edge from November.
With this month’s launch of Windows 11, and an estimate 1.3 billion Windows 10 users worldwide, this is another substantial leap for Zip.
“Zip provides customers with a transparent, digital payment option, and we are excited to integrate with the shopping experience in Microsoft Edge,” says Zip US co-chief executive Brad Lindenberg.
This deal caps off a fantastic year for the Australian startup, after announcing a $140 million takeover of Czech-company Twisto in May.
Zip shares closed at $7.06 on Thursday.