ThinkSmart is a leading digital payments company with a proven history of innovation in point of sale retail finance. The company is listed on the AIM London Stock Exchange and is authorised by the Financial Conduct Authority.
Today TSL is down more than 10%, probably due to the news that buy now pay later will face regulation in the UK. Do folks think they’re smart enough to maintain profits and continue to grow in spite of regulations?
Not worried about regulation. Lending, gambling, trading etc have all been regulated and continue to thrive as industries. Most BNPL customers don’t pay a penny in interest.
The market agreed with you by the close! I doubled down and am sitting very close to break even now. I’m going to hang in there. And I keep being offered BNPL whenever I buy online!