Clearly the IPO will be a flyer, but this is no Afterpay. It's...

Clearly the IPO will be a flyer, but this is no Afterpay. It's worth reading the recent feedback from their retail lenders here. They rushed for the exit after COVID hit, which led to delays in getting repaid, and are unhappy at the recent scrapping of the market-determined lending rates that were Ratesetter's main USP. Presumably that's one reason why they changed their name, along with a desire to distance themselves from the shambles at Ratesetter UK. One would have to question their ability to attract new loans from their retail lenders, and the adequacy of their loan provisioning as Jobkeeper winds down.