the main reason for me to buy apt,z1p, and splitit is that 1/3 of their users are gen z and millennials, the future of the world. whoever got hold of these customers, it is worth investing in the long term.
when these gen z and millennials come to the age of buying cars and properties, the first point of contact would be likely to be these buy now pay later apps. they have their whole credit history and buying habit with them, and trained to not pay upfront, just imagine the potential here.
along the way, I am sure these buy now pay later companies will expand their products to disturb the much bigger credit markets of the traditional banks, I think this day will come sooner rather than later, so just get them stick to the apps ( responsibly) and lower the funding cost as much as possible, sky is the limit.
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- apt as a non bank lender in car loans and mortgage market, maybe
apt as a non bank lender in car loans and mortgage market, maybe
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