It's just the beginning for Spenda!, page-109

Thank you. I know that well. Moneytech offers payment too, through Monoova. But indeed not integrated. Different path than what SPX is going for. I actually don't think SPX should also be a lender. It is not a bad idea to establish the product. But it will drag down the SP (I mean, when eventually successful) with lower multiples. And they will eventually suffer losses too, which, if it happens when still young, will bring much volatility. I prefer the pure tech play, with payment, analytics, workflow management, product offering, but using someone else balance sheet. Larger SC tech company partner with institutional funders. I do agree that SPX is more of a Saas company, but so far it seems that the hopes for revenues are heavily relying on lending. I'd like to see progress on revenues from Saas.