Agreed with focusing the next 6-12 months on autopay to bed this down. I think they’ll possibly have a few new people working on the US side so it doesn’t distract the core business and use some of the $15m raised to modify some of their tech for the US market/regulations. Possibly they can launch before Xmas or early in the NY
Does anyone want to have a punt at what % of the $12B annual auto market Autopay could snare in 2,3 years? I think it should have a goal of 15% and settle for 10%
Even at 5% that’s $600m in loan origins annually with a term of say 4-5 years so circa $2.4B- $3B loan book
Agreed with focusing the next 6-12 months on autopay to bed this...
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