Zip Co Ltd sees rapid growth driven by US expansion

Zip Co Ltd (ASX: ZIP) is experiencing significant growth in the United States, which has become its primary driver for expansion. In fiscal year 2026, the US market accounted for approximately two-thirds of the company's revenue, with US revenue increasing by 44.3% in US dollar terms. This growth is also reflected in customer acquisition, as the US was the company's only source of customer growth during that period, with active customers rising 9.3% to 4.65 million.

In contrast, the company's Australia and New Zealand (ANZ) operations saw a decrease in active customers by 8%, though revenue in the region grew due to transaction increases. Zip has also indicated intentions to exit the New Zealand market.

Financially, Zip reported that total income rose 24.6% to $1.35 billion in FY26, while cash operating profit (EBTDA) increased 57.9% to $268.9 million. The company expects US total transaction value (TTV) growth to exceed 30% in FY27.

Separately, wealth management platform provider HUB24 Ltd (ASX: HUB) is noted for its software solutions in financial advice and superannuation, though its share price has seen a decline of 20.4% since the start of 2025.