I’ve noticed other BNPL companies are charging significantly...

I’ve noticed other BNPL companies are charging significantly higher fees around 8%. Anyone know why Spt does not charge similar amount for their funded model?

The non-funded is around 2.3% which is quite low in my opinion as well. If Spt was to average say 5% it would make a huge difference to the revenue.

example :
MSV $150m would be $7.5m revenue.
MSV $200m would be $10m revenue.

it would certainly put the company in a better position.

I mean still cheaper than other BNPL

just curious if anyone has any thoughts on this or know why Spt is cutting itself short compare to the others.