Consumer finance company zipMoney made a loss of A$5.1 million in the six months to December.Part of the loss can be explained by the fact the company was listed on the Australian Securities Exchange last October and incurred $2.3 million of listing expenses.The cash flow statement shows receipts from operations of $616,669 and a net cash outflow from operating activities of $583,916.zipMoney distributes through retailers and other merchants, providing loans at the point of sale. Its loans are structured as continuing lines of credit with credit limits between $500 and $15,000.The company processed 8695 transactions worth $9.9 million during the December half, up from 5464 transactions worth $3.5 million in the previous corresponding period. Receivables and customer loans rose from $2.9 million to $8.9 million.Arrears represented 2.2 per cent of receivables and loans - up from 1.5 per cent in the previous corresponding period. Bad debts represented 73 basis points of receivables and loans - up from 51 bps.Last November the company secured a $108 million securitisation warehouse program with US asset manager Victory Park Capital.