RE: AZ shares28 Jun 2021 20:58
It's sounding like the captive bank will be completed soon - just waiting authorisation !
As well as completing the first inventory monetisation transactions, the Group expects to resume the Self-Funding route in partnership with the Captive Bank, after the completion of the authorisation process.
The international addressable market for inventory funding has been confirmed as very large, and will be further boosted by the trade finance market opportunities in which the Company will compete using the unique non-credit approach of TradeFlow.
Once the first inventory monetisation is launched, SYME and its Inventory ("on premises" & "in transit") Monetisation Platform will be instantly established as the leading fintech operator in the sector.
Leading fintech operator in the sector !! Instantly established - it's all coming together nicely
Best wishes all LTH