On our IOU Webpage for those that care to look.
Reflections of the past year.
Exert;
Paul Russell (Executive Director, IOUpay, ASX:IOU)
There are really two highlights. Firstly, the successful launch in June of myIOU, our flagship BNPL service offering into Malaysia. Our planned launch was reconfigured as a virtual event at short notice due to last minute level 4 lockdown restrictions.
The launch was a huge success reaching 8.6 million Malaysians across major broadcast and print media and led to record results in the first quarter which we are looking to build on.
Secondly, we successfully negotiated our strategic investment to acquire a 42% stake in leading Malaysian specialised finance company I.Destinasi Sdn Bhd, for which in early December we settled and completed the first tranche for half the investment.
Now lm surprised 8.6m Malaysians.
Pretty good numbers if u ask me.
On our IOU Webpage for those that care to look. Reflections of...
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