$1 Club, page-31918

Have had a dive into the fundamentals and concluded that they're not really in place. The whole strategic plan hinges on IDSB growth alliance and the company is yet to confirm the purchase is without conditions pending. But close, however these delays will delay everything, imv.

IDSB growth predicted an increased lending capacity with now 2 banks onboard, sales lagging perhaps? Is the 2nd bank active?
On the isentric side a lot has been said about the infrastructure upgrade completed March this year, however, transactions have stagnated at pre upgrade levels. (Almost 9 months now), so the infrastructure can handle an increase but the demand isn't or cant be generated currently?

BNPL, about the only element showing growth, but where is the fundamentals? Its marketing appears to have tailed off, uploads dwindling albeit remains in top 30. . Funding (new) exhausted, but NTV reinvested, merchant/customer numbers petty increases, net 6.5%, mostly swallowed by running costs.
They've indicated so many pathways , but slowed of qualification, merchant worthiness, which is great they're checking backgrounds but, and here is the kicker, the companies they've deals with like payhalal, RMS, SOGO, Pinelabs and so on must have undertaken thier own DD into worthiness of onboarding it's merchants prior?
We apparently have HP, Easystores, MyP1, RMS, but they're not mentioned in any recent data updates.
Ipay88, a deal of magnitude can't be struck....will it? Or just another missing fundamental, some of thier merchants are big.
Biggest missing fundamental, is govt approvals for everything, there is at leadt 2 approvals, idsb and kashcard phase 2, l think there is others and these have proven to take excessive time.
The company as l see it is basically a numbers game, bnpl needs mass small value 2-3 month interest free terms to generate a good ROI, but that risk comes on the back of providing both competitive and competitive convenience geographically. Im not clear on the spatial spread, but it seems very limited (for now.)
My queries are- Will transaction numbers increase this Q, and what if any connection (or right) bto dbl does ioupay have?
Stig