Fund managers including Endeavor Asset Management, Clime Investment Management, Blackwattle Investment Partners, Ten Cap, Milford Asset Management, Centennial Asset Management, Ausbil Investment Management, DS Capital, QVG Capital, Pendal Group, Wilson Asset Management, Ellerston Capital, Glennon Small Companies, Eiger Capital, Tyndall Asset Management, 1851 Capital, Ophir Asset Management, LSN Capital Partners, Thorney Investment Group, Infinity Asset Management, Akambo, Solaris Investment Management, Pengana Capital Group, Tamim Funds Management, Seneca Financial Solutions, Yarra Capital Management, Lennox Capital Partners, Sage Capital, Argo Investments, ALC Capital, Medallion Financial, Paradice Investment Management, Smallco Investment Manager, Kardinia Capital and SG Hiscock & Company have invested in Zip Co Ltd (ASX:ZIP).

LSN highlights strong US growth, lower funding costs from a recent refinancing and a non-discretionary spending mix, viewing the sell-off as a buying opportunity. Wilson Asset Management sees a robust US consumer and expects Zip to benefit as Australian rates begin falling, and QVG remains optimistic on the short- and medium-term outlook.

1851 Capital flags an untested environment of US rate hikes, rising bad-debt provisioning and domestic rate sensitivity. Wilson Asset Management notes consumers are stretched by high rates and the federal budget has added pressure.

Zip Co. Ltd. is a Sydney-based digital financial services company founded in 2009 by Larry Diamond and Gray Peter. The company provides point-of-sale credit and payment services across three segments: ANZ, USA, and Corporate and Other. The ANZ segment provides retail lines of credit and personal loans in Australia, and retail installment products in New Zealand. The USA segment offers Buy Now Pay Later installment services to American consumers. Zip focuses on delivering accessible credit solutions globally through its structured regional operations.