ASX:ZIPConsumer Finance
Zip Co (ASX:ZIP) Is Up 13.7% After Launching ZMobile And Losing Bank Of America As Major Holder
Zip Co recently announced the launch of ZMobile, a prepaid mobile service delivered via TPG Telecom’s network, while Bank of America and affiliates have exited as substantial shareholders as of 2 April 2026, reshaping the company’s institutional investor base.
Together, the telecom expansion and the shift in major shareholdings highlight Zip Co’s push to broaden its customer touchpoints while refining its capital backing profile.
We’ll now examine how Zip Co’s move into prepaid mobile...