Paul Smith, Chief Executive Officer of Morses Club, talks to Tip TV about company’s diversification into the online credit market and company’s strategy to invest in technology and build a solid platform for credit issuance.
Morses acquired Shelby Finance and that helped the company access the online credit market. “The company paid total dividends of 6.4 pence… which amounts to 59% payout of profits. So we are in a happy position where we can boast of high yielding high growth story”, says Smith.
Watch the full segment for more info on the company’s future plans and whether the geopolitical factors, exchange rate factors affect the company’s business in any way.