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    lightbulb Created with Sketch. 309
    They have already (& not having a go at anyone), there's a 900M Drawdown facility, if they convert 5% of that to BNPL that equals the total Investment. AND they will convert that 5% from Long Term to Short Term Loans, Win Win.
    Of that 900M they get approx 20M Profit so 2%
    The recent IOUpay BNPL figures were 10% weren't they ??
    So if IOU get to convert 20% of that 900M = 180M x 10% = 18M

    I'm sure Wenty or someone else could put it in more perspective.



    Last edited by AWASP: 20/09/21
 
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