Chart - Z1P, page-6877

Thank you, but unfortunately " growth stocks" by name only will be the biggest casualties.

Its fine to grow customers and merchants but if neither of those are exclusive and are not producing guaranteed revenue streams is Subscriptions like Netflix Amazon Prime models then they are at the whim of the customer.

Rising oil prices which effects everything from production costs to transport will put pressure on household budgets and Merchant costs.

With economies opening up the previously accelerated on line shopping will platuea or decline and BNPL will face increased marketing costs in the "bricks and mortar" world.

Margins will be squeezed from both ends and I just don't see how the BNPL will ever turn a profit given the losses incurred in a low interest , zero inflation pandamic fuelled on line shoping spree.

Wirh UK and USA regulation in the works the headwinds are turning into a cyclone