Ann: Investor Presentation, page-15

Good webinar although nothing hugely new to report.

Key Points:
- Brad came across as extremely confident of future prospects, stressed that they are at the very beginning of an inflection point
- didn't blink when Paypal was mentioned, sees Splitit as a complementary option at checkout and thanks Paypal for creating more BNPL awareness, he expects merchants to have Splitit side by side with other payment options which offer new credit (as they are different to Splitit).
- Couldn't say too much about VISA/Mastercard progress but he did say that the progress is going 'incredibly well' and is 'very happy with the progress so far'. From the tone of his voice I'm interpreting that this will be very big (just IMO), but he obviously can't divulge too much.
- Stripe integration to assist rapid merchant onboarding currently in Beta in the market...this will be a massive plus when it goes live. He mentioned current onboarding takes weeks to months, with Stripe it will be minutes.

I think we can't underestimate the recent merchant wins with Specialized bicycles and The Hut Group. Previously Purple and Canyon almost single-handedly caused the inflection point in Q2, so with both of these companies being even bigger - plus all the other recent additions - I think we will see some big increases in MSV. Particularly in Q4 as they go live.