Share
5,932 Posts.
lightbulb Created with Sketch. 611
clock Created with Sketch.
17/07/20
09:20
Share
Originally posted by Wizardwiegy:
↑
They settle within 24 hours. Hence one reason why merchants like it. Other bnpl's can take a lot longer. Once we achieve say 25m customers, in theory they could need $37.5 billion cash on hand. Very unlikely scenario, but in the weeks leading into Christmas, if even 10m customers spent their full allocation of $1500au that would require $15b to fund it, despite the fact that 50% would be returned in 1 month. Obviously with a huge rotating book they have money going in and out every minute of every day.
Expand
Paying the merchant in 24hrs may be good for the merchant, but APT only get the money after 4 weeks.......need a big book to run this .........49% debt/equity not possible,,...IMO,,,can someone show me a forecast if I am getting it incorrect
Originally posted by Wizardwiegy:
↑
They settle within 24 hours. Hence one reason why merchants like it. Other bnpl's can take a lot longer. Once we achieve say 25m customers, in theory they could need $37.5 billion cash on hand. Very unlikely scenario, but in the weeks leading into Christmas, if even 10m customers spent their full allocation of $1500au that would require $15b to fund it, despite the fact that 50% would be returned in 1 month. Obviously with a huge rotating book they have money going in and out every minute of every day.
Expand