1.8M to build a platform….in 8 weeks- does it not occur to you that 90% of this has already been completed? Over the last 4 years Novatti have built this up so when the license drops it’s ready for trade. Xinja got the license then went to build out the team- Novatti have the team, structure and platform ready to operate off the bat.
It’s a completely different play as well, Asia and migrant banking is the play here, Xinja we’re going for the retail customer in AUS.
Ann: 31 December 2021 Half Year Presentation, page-16
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