Fair enough If Whola are not part of Spenda (transactions) and neither are the businesses working through the Whola platform, then CRO don't have unique access to any of their transaction history or future transactions, and make no income from the transactions
So CRO just become another bnpl player in the market and I haven't seen one yet turn a profit, and lending larger amounts (as compared to consumer $500 bnpl) the risk of these companies folding at any time can be immense
Surely the hook for CRO is we will provide you with bnpl or factoring on the basis you run your transactions through Spenda
Given the transactions would give CRO revenue continuously, would counteract the inherent risk with financing them
The USP of Spenda is no longer if they don't adopt that policy imo
CRO Price at posting:
5.5¢ Sentiment: Sell Disclosure: Not Held
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