Yes Lets hope so. I do like this comment
“Our stated forecast is to issue up to 100,000 small micro-loans worth approximately A$30 million over the next 36 months under our ‘buy-now, pay-later’ bizmoPay agent/merchant model.
Love it, So can we assume that the average loan will only be around $300 dollars. Perfect, not the end of the world if some default.
But I could imagine there would be a nice return on such a small loan.
So lets say the trials go well and they start rolling out new loans at the end of the year. (Perfect timing for xmas gifts). IMO Its looking more and more likely that the warehouse financing is on the cards. I think you are on the money with one of the banks over there and already having a connection with them is very encouraging.
Company comparisons, page-60
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