On 2 March, about a week before the a$$ fell out of the market, Splitit made a deal with Visa (a significantly larger payment technology company than Mastercard by market share). '
Again, very little details. How the market reacted circled below.
Then Splitit makes a deal with mastercard post coronavirus meltdown, and catching the tailwind of BNPL run....
VIsa's marketshare is higher and purchase transaction volumes significantly higher than mastercard.
This could be good for Splitit, but the current price action and hype beats me...
If they can find away to commercialise their IP with mastercard and Visa and return value to shareholders there could be something there.
I'm more than happy to sit on the sidelines and let the children have their sugar rush.
SPT Price at posting:
$1.75 Sentiment: None Disclosure: Not Held