Ann: Payment Platform Integration with Stellar Blockchain Network, page-28

I'm not gonna speculate on SP specific but they are building a great base and are really tapping into Chinese/Australian connection.
Without knowing how much per transaction they make, how do you factor it in NOVs EV? They could make 5c per transaction or $2+ there's a big difference.
The banking license sounds like it's an expensive process but if the application is granted then it will definetly be worth it.

There's many good things going for NOV such as the tight register and rapid QoQ growth is a bonus on top everything else listed above.

I'm not particularly excited for the block chain side of things but if stellar/crypto space becomes part of everyday transactions NOV will be in a great position to capitalise.