Buy Now Pay Later, page-17

BUT

" Maybe lacking that managerial experience"

to really pull this off - time will tell.

Thats been obvious for a long time . The PIL management are quite hopeless I suspect .
And so why would someone throw money at "poor & weak management " ....its management that gets results .

Blind Freddie can see that the business model PIL are trying to run relies on a strong growth of user adoption , as well as repeat business .

It needs to be like this to end up doing the "millions of transactions a month" that are needed .

PIL are disturbingly silent on the rate of new user take up, and the rate of existing user activity .

16000 Agents sounds impressive - but unless you can tell how many of those agents are actually transacting , as well as what the repeat user rate is ....its total guess work .

PIL seem to leave their marketing to a FACE BOOK user group , ALL of whom are involved because they think its a potentially good opportunity . It would be interesting to get some real feedback from those people .

But unless the apps are working pretty much flawlessly and any technical issues are resolved quickly people give up .

Regarding the bank that used to use their apps & dropped them 2 years ago - perhaps there was a good reason why ( and not just because they wanted to do it in house )

Maybe PIL will pull their funding off .... with placement at less than 1 cent ...... we dont know .
PILs track record of making claims / plans & follow up commentary on those plans , is absolutely pathetic as well . That doesn't inspire confidence .

So in summary - its wait and see - the future is in PIL's "capable" hands

Lol