@compoundpapi Painful shift, remains to be seen if they can pull it off. “Ai” revenue (whatever that really means, up to 15% of revenue. Presumably (and they said as much) it’s much higher margin than their traditional business, but they won’t give a number. If that grows as they expect, 👌🏽
@Uzocapital Thanks Uzo, that’s fair, I was lulling Revolut, PayPal etc in as competition but not fully accurate. Interesting why banks + offline are losing so much share, any thoughts why? (just not their focus, aren’t agile enough and burdened with legacy infrastructure, reg etc)