Wonder which CEO will risk losing their reputation with what is going on. I doubt in will be any big shot from a rivalling BNPL business. There is going to be a dozen more cap raises just to get some decent TTV and an established brand. Even then, there is no meaningful money in BNPL and Margins are incredibly razor thin. Take ZIP for example, they with churn out over $10 billion TTV this coming year and still will only earn a net profit of $31 million. There not forgot of the $100+ million losses they made in previous years.
OVT Price at posting:
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