CI1 General discussion, page-3633

Hey Tsanga I’m not in any disagreement, first, I will say the BNPL space can potentially get worse (BNPL was the Trojan Horse imo) for the smaller players could be in trouble, Governments eventually will introduce regulation adding more money to government pockets, could be a annual fee. Some have suggested BNPL will requires a licence similar to the credit card license which basically means every customer requires to be credit checked which also means more Customers been rejected and extra staff required for credit checks BAD MOVE & most new it imo.

ChapterTwo also to some degree of the same opinion, underperformed imo as I’ve mentioned in the past in comparison to its competitors they got destroyed imo whilst a bottle neck of zombie companies etc were in line to jump ship when government support finished ChapterTwo had every reason to exploit the industry but imo failed. However in the last few months or so total est 450% increase in revenue was announced suggesting things were progressing and that ChapterTwo was potentially picking up the slack from others, evidently it didn’t work out imo, about the only thing worth mentioning is ChapterTwo and Hong Kong’s debt management operation. Imo

all in all I say DRAIN THE SWAMP.


not professional DYOR