The BNPL takes on all the risk, we get all the sign up's and interchange fee's.
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Under the agreement, Douugh would launch a BNPL feature on its mobile app,which would offer a $1000 line of credit to eligible customers that could be spentanywhere and paid back in six weekly instalments.Funds were told the listed strategic partner would provide the balance sheetfunding and take on credit losses to service the line of credit.
Ann: Trading Halt, page-49
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