To be honest probably just an insto rethinking their position on BNPL. There’s a lot of fear in the market at the moment and with CBA just announcing a BNPL offering to compete with APT I’m not surprised.
I think this should bring more attention to SPT as the banks can’t really compete with what SPT is offering in fact a partnership would actually be more likely.
I would like to hear some news from Brad though to validate Splitit’s model.
SPT Price at posting:
99.5¢ Sentiment: Buy Disclosure: Held