Ugly numbers. Merchant Revenues as a % of TTV has fallen sharply from 6% to 4.8%, and they reported negative cashflow of $21m for the quarter. Yuck.
SKK Stakk – formerly Douugh – rockets +300% on deal with Robinhood, the US trading app of 'meme stock' fame
Market Close: We're probably not going to see a contrarian September rally – but this way, 2025 might see a Santa Rally