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MYOB set to move into invoice financing.... Remember KKR???, page-5

  1. 747 Posts.
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    There is allot of speculation out there, what we do know is
    - Cro is stress testing the software for “point of activity lending” through Invigo
    - Cro are in collaborative discussions with MYOB as highlighted by a response to question in the last investor presentation
    - KKR own MYOB, are a major shareholder of Fiserv and own major stakes in financial lending brands as SB has previously pointed out.

    https://hotcopper.com.au/data/attachments/3082/3082310-8c61ff0f3df957c0d8e7148f97f16426.jpg

    Does all this mean anything? Time will tell.

    The focus for Cro is to continue expanding/diversifying its customer channels and that’s exactly what they’ve been doing with the last announcement an example of that. Revenue won’t be immediate, however we’ll likely start to see healthy increases from later in the yr. Im expecting much the same as prior from a revenue perspective this qtrly.
    Last edited by sache: 12/04/21
 
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