RE: Interesting Read20 Oct 2023 17:17
The guy behind all this , a Cato Crogh, a Stockholm-based entrepreneur, abstract expressionist artist and former restaurateur and nightclub owner , sounds like a Norwegian version of Del Boy Trotter to me. !!
The only pertinent link is...
His main focus seems to be the nascent payments firm Payzinos, which he envisions offering bridging loans to businesses:
He is quoted as saying...
"The old business β giving loans to people who never should have loans β we are not going to reopen that. That is maybe the worst business idea whatsoever.
Donβt give loans to people who shouldnβt have loans. That is unethical. That is crazyβ¦ but give it to small businesses who are maybe in short-term need of money."
So there we are.. Amigo(zinos) is moving in to the Business Loans market !!π±π±
Should be an interesting ride..buckle up !
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