LBY laybuy group holdings limited

But isn't the whole premise to scale up the book, which means...

  1. 25 Posts.
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    But isn't the whole premise to scale up the book, which means you need have equity to back it? It just means the only strategy is to have cyclical gmv or a slowly growing one as opposed to the "growth" that everyone expects from BNPL, see the catch22 here?
 
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