They responded to this question in the presentation by advising the MC and Visa partnerships were working on some exciting innovation that will be announced soon. They seemed to suggest they will launch a virtual SPT card soon.
Big takeaway - this company is charging ahead and is so well positioned for the future. Investors need to look at the leading indicators like Splitit Instore take up, new merchant signups, cheaper cost of finance and pipeline. These indicators tell you this is one hell of an awesome business that is just at the beginning of their journey and should return to 300% growth YOY as the hard work comes through.
Brad also said he has never been more confident. He wants to share more but is being careful in what he has said. He has given investors insight to the future. Main point is NO competition from other banks etc.
SPT Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held
