DCC 0.00% 4.8¢ digitalx limited

Consolidation Phase

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    https://www.linkedin.com/pulse/paypal-ipo-coming-consolidation-daily-fintech-index-bernard-lunn

    Fintech including remittance is going/will go through a consolidation phase in next 12 months IMO and as the article says. It is highly fragmented, with major opportunities in developing world and technology is changing the landscape.

    Even smaller players like Azimo (valued at $100M) which target specific corridors and distribution arrangements are making partnerships with the likes of Mastercard.

    From my research, there are several reasons why DCC will be attractive to a partnership/acquirer at some point in future providing a succesfull launch.

    1. As article says public companies are currently undervalued compared to private peers
    2. Only one utilising blockchain back end with its security and cost advantages
    3. Opportunity to be more than remittance (banking platform with credit, id all tied into blockchain)
    4. Cost: From research cheaper back end in a number of markets and distribution types
    5. Targetting unbanked (which is next big opportunity)
    6. If can tie in major South America partners then this distribution will be attractive to others
 
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