XERO, MYOB, Microsoft Dynamics, page-14

Only just started researching this company and I like the general fundementals around the Spenda platform, and as a holder of Xero shares (and a user of the software) I like the Spendacollect features, especially the ability for a repeat customer to view multiple invoices owing via a web based platform and being able to make a single payment against some or all of the invoices which will save a lot of time in reconciliation etc.

I am however confused as people are referencing this business as a BNPL type however I've not seen any reference to this?


In the press release it mentioned splitting of invoices, payment of multiple invoices in one transaction and a payment plan.

If Spendacollect arranges a payment plan, pays the money owed on behalf of the customer and then deals with the outstanding debt then it is truly a BNPL company but I can't see any further detail where it states this?