I don't think the company has given too much detail in presentations, but they have in the past mentioned bank partnerships and physical cards. I don't know whether a partnership would be with a traditional bank or a Neobank or what the partnership would look like but it could surely propel UMS with customers who may already have been de-risked to some extent, as well as maybe take pressure off the reliance on the current line of credit.
There's a good interview here:
https://www.pymnts.com/acquisitions/2023/sezzle-ceo-sees-banks-ramping-up-fintech-acquisitions-in-2024-and-beyond/
- Forums
- ASX - By Stock
- SZL
- Ann: September Business Update
Ann: September Business Update, page-49
-
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SZL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online