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Ann: AGM Company presentation, page-12

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    one more BNPL player? is there any room left for new players to come in and get eyeballs on them?

    I don't follow much on BNPL but can feel that the market is so over crowded and there is no moat, anyone with an idea can become a bnpl player in matter of months... all they have to try and convince the investors is that "they are different from the rest"...

    I am glad CCA didn't get into BNPL... yes, 2 years ago it would have been great, but in the end stages of 2020 there is no room for growth for a vanilla bnpl player... the likes of APT may keep growing because of the momentum but others may not see those lofty valuations imo...
 
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