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Larry Diamond

Co-Founder and CEO, Zip Co (U.S.)

Larry Diamond is the Co-Founder and CEO of Zip Co, a digital financial services company that specializes in providing innovative payment solutions. He is based in New York and has a strong background in finance and technology, which drives his passion for the intersection of these fields. Zip Co, founded in Australia in 2013, aims to simplify payments for consumers and merchants alike, focusing on transparent and flexible options that enhance customer experience and business growth.1

Education

Larry Diamond holds a Bachelor of Information Technology from the University of Technology, Sydney (2001-2003) and a Master of Commerce with a focus on Finance from UNSW (2004-2007). He also spent time at The University of Texas at Austin's Red McCombs School of Business during his studies.1

Professional Background

Under Diamond's leadership, Zip Co has expanded its operations primarily in the US and Australia/New Zealand, striving to become a leading payment choice for consumers. The company emphasizes customer-centric product innovation and aims to disrupt traditional credit models by prioritizing financial well-being.1

Diamond's professional profile reflects his commitment to creating a world where individuals can manage their financial futures confidently, highlighting his role in shaping the next generation of payment solutions.1

Highlights

Jul 24 · linkedin

FY24 is officially in the books and I am very excited to share the amazing growth we've seen over at Zip Co! 🙌 For the latest quarter Q4, our 6.0M active customers spent $2.6B in Transaction Volume across 19.7M Transactions, while financially we generated $224M in Revenue (up 22% YoY) and expecting $22-25M in EBTDA. 📈

Specifically in the 🇺🇲 U.S. 🇺🇲 , the team did a stellar job closing out the financial year -> Q4 Revenue of $80M (up 45% YoY), Transaction Volume of $1.16B (up 41% YoY) whilst maintaining loss rates at 1.3% of TTV, which was flat YoY. 🚀

Our success comes from rigorous planning, robust debate and ruthless prioritization. We've prioritized responsible growth, healthy unit economics, and being the first shop for the underserved customer. The business is thriving, thanks to our hardworking Zipsters, loyal customers, and fantastic merchant partners. 🙏 We couldn't have done it without you! #strongertogether

Jun 18 · linkedin

EPICCC weekend at the Zip Buy Now Pay Later 250 NASCAR race at Sonoma Raceway 💥 We hosted our merchant partners, took over the racetrack with 30+ brand ambassadors and painted the town purple. 💜

As an Aussie, I’m especially proud to see the Zip Co 250 trophy go to ANZ superstar Shane van Gisbergen and the WeatherTech® team! Special thanks to our Zip 250 Grand Marshal, 2x WNBA champion, and US Olympic athlete, Kelsey Plum, John Cox and geoff ulrich at Speedway Motorsports, Matt Ellis and Pete Rogers at Sonoma Raceway, AND our incredible Zipsters for bringing this to life from concept to execution — onward! 🚀

Jinal Shah, Laura Cvikevich Espinoza, Peter Maher, Bucky Heath, Stephanie Cornelius

Related Questions

What inspired Larry Diamond to co-found Zip Co?
How has Larry Diamond's background in finance and technology influenced Zip Co's growth?
What are some key achievements of Larry Diamond at Zip Co?
How does Larry Diamond's leadership style impact Zip Co's culture?
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Larry Diamond
Larry Diamond, photo 1
Larry Diamond, photo 2
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Location

New York, New York, United States