Investors are expecting SPT to run like the BNPL stocks. However, I feel that SPT isnt the typical BNPL. It is more of a credit/debit card without the negatives of a credit card but with the positives of BNPL minus the risk of a BNPL. Many Millennials might flock to BNPL however a lot of debit and credit holders will use to SPT. SPT has a Moat in that sense..They have a huge geography and crowd that they can target. Also, gateways like Mastercard and Visa would back SPT which isnt going anywhere anytime soon. And if there is a regulation, then I think SPT would benefit owing to complying with these regulations and carries lesser risk. It might not fly off like APT or Z1p but surely will grow slowly and steadily and if the management can throw good collabarations or tie ups, this growth would be faster. Totally BULLISH on SPT and surely feel it as a STRONG BUY as a capital growth stock.
