SPT splitit payments ltd

Splitit Ltd FY24 Results, page-72

  1. 998 Posts.
    lightbulb Created with Sketch. 277
    Interesting from the US news services.

    "Americans' household debt -- including credit cards, mortgages, auto loans and student loans -- is at a new all-time high of $18.04 trillion, according to a report released Thursday by the Federal Reserve Bank of New York. Overall debt grew by $93 billion in the last three months of 2024 -- and about half of that increase was new credit card debt, according to the report."

    Around $46 billion, (almost $73b Australian), of new credit card debt in the US over the last 3 months of 2024. How much of this amount did Splitit capture?
    2%, 5% or 10% ????? Potential numbers are huge.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.