Zip Co Limited is trading 5% up at $2.98 following recent strategic developments and capital management activity.
- On June 16, 2026, Zip US expanded its partnership with Stripe to support Stripe's Shared Payment Tokens, integrating flexible payments into AI-powered commerce.
- The rally is also supported by ongoing on-market buy-back notifications and a June 16, 2026, change in substantial holding filing.
- The move aligns with a broader risk-on rebound for Australian fintech names.