Fatfish Stock continues to trend upwards this week, so we explore the 3 massive reasons why Fatfish stock continues to excite investors. Fatfish is an internet venture accelerator originating from Singapore. FFG is listed on the Australian Stock Exchange. (https://fatfish.co/about-us/)
We first came across Fatfish Group months ago in this article
With access to global markets, an experienced managing team, and a deep passion for creating asset value as a venture builder. Fatfish says they will continue to grow exponentially in the next few years. So let’s explore the 10 massive reasons why Fatfish Stock continues to excite us and investors.
Reason 1: Giant Opportunity in Asian Buy Now Pay Later Market (BNPL)
On the 22nd of April Fatfish announced that they were increasing their stake in capital market company Abelco (see more). Swedish Holding company Abelco owns a large chunk of SmartFunding’s share registry with 49.4% of the float.
Headquartered in Singapore Smart funding is tapping into Asia’s SME and corporates and licensed by the monetary authority of Singapore. As you all know we love BNPL stocks and think Asia will follow suit with the rest of the world with BNPL. This is one of the three Massive Reasons Why Fatfish Stock Continues to Excite Investors
On the 15th of April, two directors increased their stake in the Fatfish group and putting their money where their mouths by backing the company with $120,000 of their own money. See ASX Announcement
Reason 3: Massive Interest Being Generated in eSports Gaming
The Covid19 Crisis meant a massive slowdown in the entertainment industry, however, in the eSports industry this was a completely different story. Global players increased and revenue in the sector skyrocketed.
Fatfish group is taking advantage of this with their Rightbridge Venture.
By securing this investment Fatfish owns a 10.7% stake in eSports Platform ePulze. eSports is a massively growing sector. We expect it to continue performing well over the foreseeable future.
Summary
In summary, there are many reasons to be excited by Fatfish Group but feel free to share some of the reasons why you love the company in the comments section.
Please Remember all Articles Published on Prophet Invest are Opinion only
Learn How We Analyze A Company:
The Ultimate Stock DD Checklist For Beginners
What Are We Currently Buying?
In the past few weeks here’s some exciting companies we jumped in on:
