> razerpay > no one: > pm lee: 2 many ewallets in singapore, how > min liang: hold my beer, i make 1 ring to unite them all > inb4 xkcd standards > weeks later, razerpay proposal > 1. first launch in SG, then the rest of SEA; > 2. hire only sinkies for RazerPay project. > thanos: reality is often disappointing > listed on HKX then proceed to lose 60% since IPO > acquired one of the worst IPOs on Nasdaq history - MOL > launched in bolehland first, sinkies wait long long...
Malaysia e-wallet predictions 2Q2019
Disclaimer: I can be dead wrong here. Please don’t take this as intel and go long go short on companies. If you lose money it’s not my problem. The big ones: BigPay will win, their app is 5⁄5, they understand what people want, and we actually use it for not for points. Seems like BigPay aims to be the 1st neo bank in Malaysia. FavePay is not an e-wallet, has its niche, and is sustainable....
P2P Lending Advisory Copypasta
P2P lending is high risk low return. People often flock there for their seemingly high yields of more than 10% interest p.a. But the return is actually lower than you think. Take an example: a note with 12% interest rate on website dashboard’s so called “Annualized Performance”, with platform fee of 15% on interest collected, and your effective tax bracket after relief is 21%. Your actual return is 12% x 85% x 79% = 8....