So hard to put a valuation on these fintechs. Who knows what the forward looking rvenues could be. Revenues as opposed to earnings of course but Worldremit seems to be still living off tin rattling which baffles me a bit as of course you need to fund growth but do they need the funds for premises as opposed to us.. I would of thought it would be money for old rope once the infrastructure is in place. We have touched on customer aqusition costs before which they may need funding for but sounds to me like Z is trying to sneak airpocket in through the back door of firms with existing customers. Dollars hitting the bottom line almost immediately in that case. Q: Once integration with the telco is complete do you think they will get stuck straight in or wait and announce and official launch date? Also post integration do you think that the telco may want to do some back testing or a beta test of their own?
DCC Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
