SPT 0.00% 7.5¢ splitit payments ltd

IMO - This is what will happen in the coming 90 days that will...

  1. 166 Posts.
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    IMO - This is what will happen in the coming 90 days that will bring back SPT Share Price to $.75-$1 while all the others are facing the regulation news.

    1. Announcment of new CEO
    2. 50% growth QoQ (Q420 - 86.3m - Q421 - ~125m)
    3. ~ 65% growth YoY (FY20 - 246m - FY21 - 400m)

    But the most important part will be - Merchants will understand that regulation will put all the other players in much more regulated place that will require them to decline many consumers and will reduce the conversion to them, Splitit started working on educating the market that they are different and are complimentary solution to those BNPL regulated players, Splitit conversion is much higher already today comparing to the other players and this is another step they are doing these days to promote it.

    the only thing Splitit needs to do is Market education in a much higher scale saying

    "Affirm, AfterPay, ZIP, Klarna and all other players....you are not our competitors, continue fighting between yourself on a place in the merchant checkout...we have a much better alternative payment option to the merchant"

    "Dear Merchant - regulation is on the way...you need Splitit in your checkout...we are not competing with your existing BNPL providers, we are a complimentary solution that is here to help you increase conversion and allow those who have credit cards to Buy Now and Pay Later"

 
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Currently unlisted public company.

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