OPY 2.63% $2.34 openpay group ltd

afterpay/openpay house of cards?

  1. 195 Posts.
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    I know this wont go down well but has anyone taken a look at the business model of Openpay and Afterpay? It's not like what they are doing is a complicated financial product that someone like Visa, MC Amex or even the banks could implement.

    Does anyone else think that the "product" they offer might just be creating a huge bubble that suddenly disappears.

    Netspace, MySpace, Yahoo (value-wise), Blockbuster ..........

    Just a thought.
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