My notes from the conference call.
- Focus for the next 24 months is 100% on top line growth, land grab in the US and customer acquisition. They could be profitable right now in the US, but this just isn't the focus.
- Canada the next logical market to enter
- UK not on the table (or Europe broadly) due to existing competition in the fee funding market from the Bank of Ireland
- Focus is on B2B, no interest in B2C / consumer lending, or industries such as medical/vets. The reason is the low risk of default in professional services and high recurring revenue.
- Will expand into marketing agency sector. Already have a handful of customers in this space.
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