hey Baker StreetNo I'm not worried about new entrants.
So long as Zips growth keeps accelerating.
Quadpay was 40 percent of global TTV in Oct. By November quadpay was 46 percent of global TTV. By November zips.anz business had 2.5 and the US business had 2.8 million.
But Quadpays growth is astounding in comparison to Australia and also compared to other bnpl.
Those doubters out there saying no-one would use quadpay who charge a 1 dollar a fortnight installment fee are blown out of the water. App downloads in Dec are in line with November Sensortower showed 500k downloads for both months. Actual app downloads for quad were 584k in November.
Limepay like PayPal might be a big company but are a new entrant and so many years behind. Limepay needs to catch Sezzle.first before worrying about the big 4(Klarna, Affirm, Afterpay and Zip- in order of TTV and company revenue)
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