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clock Created with Sketch. 20/11/23
11:22
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Originally posted by Samswindle:
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We can't forget that Pirmal invested at 200m valuation not because they think its worth 200, but because they think it'll be worth significantly more. Add to that we now have a warchest to add on some eps accretive stuff, organic growth already booked in with CBI contract fully realised and SBI contract to come online, Whitelabel profit increase on the way.
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Findipay can roll out on smart ATM's under a white label service. Essentially bank in a box for underbanked areas. There was a deal on the table a few years back to accelerate this, but that is water under the bridge. Essentially you get ATM revenues, plus add Ons from Findipay, for the one location real estate play so to speak.
(20min delay)