This was exactly my thinking. The narrative is positive, I think with the pivot away from little things cost of expansion will significantly reduce. I say this because with the big things, they do most of their merchant acquisition through “roadshows”. They aren’t having to drop bundles of cash to market to the masses to acquire customers for small ticket bnpl.
Overall, we are looking good in good shape. All things considered this is better than I had imagined this soon after the Latitude debacle.
This was exactly my thinking. The narrative is positive, I think...
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