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Ann: Splitit to Launch In-Store with Multiple New Merchants, page-54

  1. 281 Posts.
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    Good post @AdamThompson, growth will be more evident in the September/December quarters.
    In the March quarter, Splitit had 2,200 merchants. In the Bank of America webinar, Brad said that the number of merchants is increasing by 200 to 400 per month. Let’s go half way and say 300 merchants per month, that will be an increase of 900 merchants for the June quarter. That alone is a 41% increase in merchants. The launch of Splitit in store has already seen 200+ new merchants. That is really awesome.
    When we take into account all the other agreements and hopefully new merchants signing up in other parts of the world that 41% increase will probably be an underestimation.
    Looking forward to the June quarter figures and a re rate in the not too distant future.
 
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