They are all overvalued and the SP is driven by hype & fomo (+ covid spendathon - which is unsustainable). People think they are going to displace banks/credit cards etc traditional banking. People crazily buying things they dont need with money they dont have? Won't last forever and I think we have already seen the BNPL 'tops' - IMO. Space is getting crowded too - they won't all survive so I think Limepay is late to a party where the popular people have already left.
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They are all overvalued and the SP is driven by hype & fomo (+...
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