My guess is that might be total customers that have transacted with them, or something along those lines - if at 30 September there were 2.2m, and that article dated 3 Nov says 4m, it would mean that 1.8m new customers had to be added in the last 35 days or so, being a rate of over 51,000 new customers a day. This is a several hundred % increase from the 7,000 per day they were doing in Q1 and in fact would put them well ahead of the daily rate of APT.
I've been fairly critical of BNPL post PayPal announcement, however at these prices and with the continued momentum they have I think there is value here.
My guess is that might be total customers that have transacted...
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