RE: Anne Cairns, Chairwoman of Cab Payments30 Oct 2023 13:50
Cab Payments are only a fin-tech company in their method of being a finance exchange operation, however they cant really be deemed a Fin-Tech company like paypal or Wise are.
Where the massive opportunity with Cab Payment is in their support for banks, and international development fund regulation.
What we will see over the next year or so is the UK government (and most EU Governments), starting to move refugees and migrants out of the EU/UK back to countries of origin or a third-party safe countries for processing (Rwanda).
Also there will now be a massive expectation to "fix" the MEA regions to stop the flow of migration.
As part of this there will be massive fund allocations which need processing, regulation, and trading, this is where Cab Payments will make a ton of money.
Looking at forecast models, would expect Cab to have an MCAP of £1.5B in a year or so.