EMLs Value Prop
https://www.savings.com.au/savings-accounts/wildcard-the-reverse-budgeting-app/
"Wildcard has partnered up with global Mastercard issuer EML Payments to issue their accounts, which Tesler says has allowed them to put out a full-featured product to the market quickly.“Working with EML has given us speed to market and allowed us to focus on product, rather than pursuing a banking licence,” Mr Tesler said.Wildcard co-founder Randall Maccan said unlike many banks and credit cards whose revenue is driven by customers spending more, Wildcard makes money when customers save money.“Not having to manage a balance sheet means we can operate a low cost, scalable model. We earn a margin from our card issuer based on the size of our deposits – so the more they save, the more we earn. A deposit-based model aligns us with our customer, and means that unlike a bank, we don’t need to try and get our customers into debt,” Mr Maccan said"
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Last
63.5¢ |
Change
0.010(1.60%) |
Mkt cap ! $239.4M |
Open | High | Low | Value | Volume |
64.5¢ | 64.5¢ | 62.5¢ | $993.1K | 1.569M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2050 | 63.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
63.5¢ | 40753 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2050 | 0.630 |
1 | 4000 | 0.625 |
4 | 356925 | 0.620 |
3 | 60347 | 0.615 |
3 | 16200 | 0.610 |
Price($) | Vol. | No. |
---|---|---|
0.635 | 40753 | 2 |
0.640 | 31076 | 3 |
0.645 | 1551 | 1 |
0.650 | 44850 | 6 |
0.655 | 53452 | 7 |
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