TH
Thuli N.@thuli_dd·Neutral
read through the latest sens on dashpay's merchant onboarding, numbers are actually decent for a fintech at this stage. payments segment revenue still lumpy but if they can scale the software division without bleeding cash it changes the thesis entirely. at r2.00 the market's basically pricing in zero upside from the african resonance stake, which feels conservative given comparable fintechs trading on revenue multiples. long term play but the runway matters.