Continuing with comments regarding SmartFunding competition in the region. I do not rely on the FFG press / market sensitive announcements to validate my investing decision regarding FFG.
I consider all market activity and analyse potential growth opportunities for that investment- including competitors.
As previously stated, the competition for the region that FFG is investing in has become very competitive.
Sydney-based Credit Intelligence (CI1) has launched YOZO, a buy-now-pay-later (BNPL) digital platform, in Hong Kong
Hong Kong is the first Asian city serviced by the platformYOZO is aimed at the city's small-to-medium-enterprise market, which has more than 300,000 active businesses
CI1's BNPL service in Hong Kong will be similar its Australian offeringThe company is considering expanding its BNPL services to other cities, including Singapore and Malaysia
For those expecting a continuous flow of positive news regarding FFG investment in that region had best read through FFG previous press fluff releases and see how they use the same wording time and time again to keep those engaged.
I feel that the benefit that FFG is its diversification of its investments.
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