Rise in interest rates are playing a roll in why tbe bnpl...

Rise in interest rates are playing a roll in why tbe bnpl fintechs in Aus are experiencing weakness. As rates go up its only reasonable to assume that non performing loans inc
rease also which will effect the profit margins.
Pil operate in the Philippines.
i found gimmie your conversation on the Iou thread with Dave68 was good to read. Someone that knows whats going on over there and an account of his own families experience is helpful. The bnpl space is still reasonably early in the piece over there and like australia did early in the phases of bnpl when it starts to takes hold in the philippines I'm hoping Pil will be in prime position to capitalise on it
The Philippines go to the polls om monday. I'm hoping Robredo gets in and keeps the status quo.