Lol haha , reason why I’m not wealthy is because I shop at these type of shops ,
They have achieved so far about 20m revenue since inception with virtually zero marketing dollars , according to chairman Spiros Pappas
They have two patents one for the technology and one for the methodology, it took four years to get on board with visa and MasterCard, and the technology is engaged there , this is what makes splitit on the cusp of global explosion
It took about 10-12m USA dollars to set this technology up and many years
The company is now ready to sign up merchants and grow ,
He gave example they signed a mattress company , and sales increased about 10% , now the competitors are signing up , that’s how the growth starts ,
And with the right marketing you will be able to kill it as a business owner ,
use your imagination,
Jewellery shop , why pay 5k upfront for some ring , you can splitit it and pay 500 over 10months no fees no interest ( for example)
I wouldn’t be surprised if afterpay knocks on splitit door , a marriage made in heaven lol
SPT Price at posting:
$1.50 Sentiment: None Disclosure: Held