Just listened the interview with CEO again regarding the partnership with Google in Japan.
https://www.dailymotion.com/video/x7yn54iAs stated in the announcement, Brad mentioned again SPT is the ONLY instalment provider in Japan, Japan 2020 population is estimated at 126,476,461 people at mid year according to UN data, and The population of adults in Japan was approximately 105 million in 2019, Splitit is the only instalment provider to service the huge credit card industry, with 68% of adults in Japan holding a credit card, this means Japanese owes about 70m credit cards.
Brad mentioned the Inflection point at around 4:50, this was firstly introduced by SPT on OCt 2020.
Business Outlook
● Inflection point in MSV, Revenue and Customer growth
What I can say, Japan Google is the trial for SPT to eventually target the whole global google store, also it's one of the biggest try to step into the HUGE Asia market. Inflection point 2021 means SPT is expanding globally to achieve profitable.
This is not financial advice and of course please DYOR.
