Splitit has a substantial advantage to other BNPL providers as they are not issuing any additional debt simplifying the use of instalments for the user enormously.
This announcement shows that the company is developing products/services around this advantage.
Over the medium to long term 3-5 years this advantage will become apparent (probably already early next year.)
It is exciting what Splitit will provide to the new ecommerce market place.
Not to forget what Splitit is developing with Mastercard.
As the company has no financial constraints the risks of Splitit share price is on the upside (substantially) in my opinion.
There are major trends in the global market place which will transform how we live and work.
BNPL is one of these sectors. Amazing opportunities all around. SPT is one of these opportunity in my view.
Happy Halloween.
K
SPT Price at posting:
$1.39 Sentiment: Buy Disclosure: Held
