It's just the beginning for Spenda!, page-409

I think you should expect the SME BNPL DW well before the agri business can originate such numbers. Then yield much more likely to be in the low double digits. Still good.
More importantly, don’t expect this type of revenues - lending, to have the same impact as Saas revenues. Lending businesses just don’t enjoy the same multiples. See Prospa as an example. Saas/tech has almost infinite scalability whereas lending is capital intensive and growth requires constant debt raise. And you’re also exposed to losses which tends to come with very cyclical SP.
Don’t get me wrong, lending revenues will provide a strong base to build the tech business. If anything, it will extend runway significantly and enable stronger hiring.