DOU 0.00% 0.3¢ douugh limited

Douugh (ASX:DOU): The best thing since sliced bread?, page-740

  1. 5,871 Posts.
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    DOU is not a NEO bank......they already have the lesson from XINJA.

    DOU relies on other banks licences hence the risk that XINJA had cannot impact DOU.

    DOU is capital light hence a good fintech.

    DOU business model has the following benefits
    -lower credit risk, (they r not utilising their own capital
    - greater capital efficiency (book turns over multiple times a year)
    -and most importantly creating deep relationships with consumers and merchants.


    Atleast XINJA was responsible and no one suffered total loss of capital......



 
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