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Originally posted by Wizardwiegy:
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They settle within 24 hours. Hence one reason why merchants like it. Other bnpl's can take a lot longer. Once we achieve say 25m customers, in theory they could need $37.5 billion cash on hand. Very unlikely scenario, but in the weeks leading into Christmas, if even 10m customers spent their full allocation of $1500au that would require $15b to fund it, despite the fact that 50% would be returned in 1 month. Obviously with a huge rotating book they have money going in and out every minute of every day.
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Paying the merchant in 24hrs may be good for the merchant, but APT only get the money after 4 weeks.......need a big book to run this .........49% debt/equity not possible,,...IMO,,,can someone show me a forecast if I am getting it incorrect
Originally posted by Wizardwiegy:
↑
They settle within 24 hours. Hence one reason why merchants like it. Other bnpl's can take a lot longer. Once we achieve say 25m customers, in theory they could need $37.5 billion cash on hand. Very unlikely scenario, but in the weeks leading into Christmas, if even 10m customers spent their full allocation of $1500au that would require $15b to fund it, despite the fact that 50% would be returned in 1 month. Obviously with a huge rotating book they have money going in and out every minute of every day.
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