If you need any more convincing of the potential for IOU once their website for BNPL is up and running, have a read from a Livewire post I just got. In Australia they are saying BNPL has a 25% penetration already for online sales. In USA it is only 5% and in Asia it is even less. The numbers look truly astounding. If IOU can launch and promote this properly, it really could be huge for us shareholders. Check the last paragraph that I have underlined. Just bear in mind this is only one person's take on BNPL, but you can't ignore the figures. Unfortunately it doesn't show the actual addressable market in Asia, but even if we just take Australia's figures and compare against that, there is a big market in South East Asia just waiting for us.
IOU Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)