Why are Institutions, Woodson Capital, Sophisticated investors and you ..... the investor, putting in $100 million into Splitit?
Because you believe that Splitit has an edge and a unique opportunity to progress their payment method solution. Splitit enables merchants to offer their customers an easy way to pay for purchases in monthly installments with instant approval, decreasing cart abandonment rates and increasing revenue.
Remember, Splitit unlike other BNPL companies does not take on the debt nor incur bad debts.
When you have Splitit, you have the most progressive, innovative and complete solution to interest free installment flexible credit.
The overall market has lost ground and had a sensible pullback. Over the last few days SPT has lost over 21% (41 cents). The pullback looks to have run it's course and it's a good time to start accumulation.
Watch the Institutions get into this stock this week.
Watch this space.
SPT Price at posting:
$1.51 Sentiment: Buy Disclosure: Held
