What a hell of a year 2020 has been thus far.....
With the US election noise now come and gone, and the world markets reaction very neutral, in fact positive, time to reconsider the pro's vs the con's for this little sleeping fintech giant...… not a definitive list, instead a starter for discussion, feel free to add as I'm sure there are others......
Pros:
1. 2 year operational funding in the bank
2. $10m CR @ 3.6c by sophisticated investors
3. 5 year global partnership with VISA (with 15,500 financial institutions)
4. 5 year partnership with FUNDATION
5. Renewed 2 year partnership with BNZ (with opt in model not opt out)6. Approaching cash flow positive (closer than ever before)
7. Bank of America launched white label platoform
8. COVD requires SME and banks to have accurate instant financial information
9. CEO confident that "the next few months will be rewarding"
10. CTO has gone on record and stated "potential billion dollar company"
11. VISA revenue expected to be "material"
12. VISA working with 9sp to develop new features and functionality - a better product
Cons:
1. Large number of SOI
2. Unproven impact of VISA
3. Still not CFP
DYOR
What a hell of a year 2020 has been thus far.....With the US...
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