Your comparison is laughable, if anything IOU would be an ideal target for Pinelabs. Do you even know what they do? They aren't a BNPL player they are a full commerce platform with their POS machines. Most people on this forum are already aware of Pinelabs partnership with ATOME targeting Malaysia, thanks to Kev's non stop spamming of the competition. They are associated with a tone of banks in Malaysia too but that is because they are a merchant service. If IOU grows what makes you think they wouldn't form a partnership? Their CEO has already said he wants more BNPL options...
And don't get me started on your FAVE comparison??? Do you even know what you are looking at... Go do your homework and come back.
Pinelabs IPO Leaves IOU for Dust, page-5
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