Ann: RSH: Respiri signs with BNPL provider ZIP, page-40

no problem

1) you will need to ask zip to provide vintage loss analysis...

this report enables the reader to identify whether a pool of accounts booked in Q1-2018 (for example) are performing better/worse than pool of accounts in Q1-2019. both reporting periods will need to have same outcome period (meaning you give the 2 pools of accounts the same time to determine credit performance...so usually 12 months

so look at Q1-2018 pool of accounts, measure loss rates after each of these accounts have 12 months performance history

then repeat for Q1-2019 pool of accounts...

vintage loss rates enables the reader to measure credit quality over different account creation periods


2) I don't work for apt, but knowing how they roll, they're probably going to say that they are world leaders in this space, they'll refer to AI, machine learning etc etc