Business to business in the USA and with BNPL theme with the customer credit risk residing with QFEs clients rather than QFE. Their clients are not purely accountancy and they will target all professional services such as lawyers, management consultants, accountants etc
Interestingly in the prospectus they mentioned that they are the first to do this in the US and that they have traction and growth as well
Huge market potential in the US if they can grow progressively. They will leverage their existing technology and model the US business based on the success they have had in the Australia
QFE Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
