So now they own 4 loss making business units/investments (cars, caravans, Rentoid, FundX)? The P2P lending space is becoming increasingly competitive with both local and international companies competing in Australia now. Not too sure about this... No commentary on how profitable or unprofitable FundX currently is and lots of blue sky potential being sold here with the usual P2P buzzwords. It seems they are just accumulating different marketplace assets, with none of them fully developed or cash flow positive at this stage.
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