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
73.0¢ |
Change
-0.025(3.31%) |
Mkt cap ! $273.8M |
Open | High | Low | Value | Volume |
75.0¢ | 76.5¢ | 72.5¢ | $473.0K | 639.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8792 | 72.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
74.0¢ | 28842 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8792 | 0.725 |
2 | 48842 | 0.720 |
2 | 30241 | 0.715 |
5 | 63033 | 0.710 |
2 | 22500 | 0.705 |
Price($) | Vol. | No. |
---|---|---|
0.740 | 28842 | 2 |
0.745 | 26067 | 3 |
0.750 | 72797 | 3 |
0.755 | 1325 | 1 |
0.770 | 13000 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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