YouTrip Mobile wallet

[Wt_know]

On 7/27/2024 at 11:03 AM, Volvobrick said:

They still make a cut from the merchants lah! 

no just that ... just like Starbuck ... if each person keep "$50" balance in Starbuck card...

they have $billions cashflow ... sexpert say Starbuck is not a coffee company anymore 

just like McDonald not a fast food company ... the main revenues come from property and entire value chain and logistic (B2B)

every single Fintech wants to get cashflow ... earning from transaction fees and simi sai comms are sup sup water la ... no point

secondly is to IPO ... huat until siao! even not IPO ... can be acquired by another bigger whale

VC / angel (devil) investor invest in Fintech for shiok meh 

they are aiming for the KILL !!!

just look at Grab ... keep losing burning money ... then IPO huat until siao and cabut.

Edited July 27 by Wt_know