@gimmegimme
Yes, this simply demonstrates that the payments/fintech/BNPL market opportunity in Malaysia, and elsewhere in SEA, is huge and enticing. More competition entering the market ratifies the business case.
No serious investor can expect their company to successfully operate with nil competitors. Any successful financial market in the world has multiple players. Any that doesn’t is a rigged game and not worth getting involved in.
I hope you are charging IOU decent rent because they’re clearly living in your head. But thanks for keeping us up to date with the news.
Pine Labs Launches BNPL Malaysia, page-15
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