ZIP 5.76% $1.75 zip co limited..

This also says to me zip is a more efficient business by a long...

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    This also says to me zip is a more efficient business by a long shot.
    Only a few things can impact revenue generation on TTV.
    Fees to merchants, late fees and account fees to customers.zips model that shares the burden of having it now and the cost of money is showing superior revenue generation. And growth isn't impacted.

    As the bnpl evolve in the next 12-36 months we will imho see a shift in how investors see value from these listed companies. Afterpay if they continue their trend of losses will generate 210-250 million in losses for fy2021. Gross losses of 0.9 % of receivables in fy2020. I don't think investors will be happy with Afterpay once they see these numbers come out. Imho


 
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