US-based ecommerce play Zebit (ASX:ZBT) is one of a number of ASX-listed companies with BNPL-adjacent operations. But chief financial officer Steve Lapin and the ZBT executive team view it as a “completely different” business model. Along with his thoughts on BNPL, Lapin provided an update on the key focus areas for Zebit’s institutional investors as ZBT looks to scale up, with 2023 flagged as the target timeline for profitability.
“It’s a business model that can be moved easily across geographies. But part of that ease of being able to move brings with it additional competition.”