For those that missed this...

For those that missed this article.
https://unauthorised investment advice/experts/why-asia-is-the-honeypot-for-asx-fintechs/

"Skip forward to February this year, and with momentum building IOUpay closed a huge $50m share placement at 50c per share – representing a gain of more than 3,000 per cent from June 2020 trading levels.A key part of IOUpay’s value proposition is that it has boots on the ground in its core Malaysian market, where key members of its executive team are leveraging their long-term client relationships in the local banking and finance sectorTo Clee, that kind of competitive advantage will be crucial as the sector matures.“We spotted an opportunity in BNPL, but in my view there’s just too many players in the market,” he told *.“The sector needs to consolidate. Some companies are doing great things but some aren’t doing much at all.”