Both diamond and Grey appear to have swallowed a dictionary of buzz words for tech disruptors every time they speak. Albeit they are now restricted to you tube interviews with ever declining viewing figures as the mainstream financial media no longer takes them seriously.
I have pointed this out previously the double speak of promoting the mistrust of the incumbent financial providers and credit card companies while simultaneously Zip is charging an APR that is often four or five times as high as those providers they seek to denigrate.
They are having to curtail growth not just because of the escalating bad debts but also simply are running out of fools who are not aware that their BNPL fee system offers nothing that existing credit card providers do not already provide.
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