Ann: Capricorn to Launch Spenda's Statement technology to Members, page-426

  1. 2,356 Posts.
    lightbulb Created with Sketch. 285
    Good point about the revenue derived from processing. Wait and see I guess.

    From memory Spenda has already captured 16% of Carpet Court's POS. Extrapolate that to Capricorn members and even that is really significant. After deducting cash payments that's a $4,000,000,000 flow.

    At 0.5% that's $20,000,000 in revenue
    At 1% that's $40,000,000.

    I'm just looking forward to seeing how they go now. It's all there for them on a platter if they do well.

    This is just Capricorn, plenty more fish in the sea to keep the growth runway going.
 
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