thanks. Extract:
For Anthony Nantes, CEO and fintech lender Wisr (ASX:WZR), it’s still fairly early days in that transition.“The US is a market we often look to because it’s more advanced in this space,” Nantes said.“What we’re seeing there is that digital lenders are taking up market share of around 35-40% for these types of products.”“Whereas in Australia today we’re still in the single digits, so I do think it’s early days here and there’s still a huge runway there.”But he believes the sector is close to a “tipping point” now that companies have established their business models.“I think what we’ve seen in other markets is you get that slow build over a period of 5-7 years where companies are getting the tech right, getting their funding right, then you see this rapid acceleration.”And if Australia does follow the path of other developed markets, he envisages a “pretty rapid jump” from single-digit market share to “20-30%”.
- Forums
- ASX - By Stock
- Wisr 50c in Near Term CLUB
thanks. Extract:For Anthony Nantes, CEO and fintech lender Wisr...
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WZR (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.03M |
Open | High | Low | Value | Volume |
2.8¢ | 2.9¢ | 2.8¢ | $5.342K | 189.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1568923 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 146445 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1568923 | 0.027 |
3 | 168461 | 0.026 |
5 | 733413 | 0.025 |
1 | 600000 | 0.024 |
1 | 40000 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 146445 | 1 |
0.030 | 668513 | 6 |
0.031 | 426774 | 2 |
0.032 | 100000 | 1 |
0.033 | 181828 | 2 |
Last trade - 10.34am 15/10/2024 (20 minute delay) ? |
Featured News
WZR (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
Previous Video
Next Video
SPONSORED BY The Market Online