Laurent Le Moal

But what we are forecasting for next year is to maintain the same growth rate.

However, we see a really big push in India where the growth rates we have right now are around the 70% mark.

India is really the most exciting market I see right now around the world.

Yeah, exactly.

I mean, financial services here, for me, it's something we need to build over the next three years before it becomes really substantial to the business.

And when I say substantial, I would expect, you know, around 10% of the revenues to come really from credit, basically.

On top of that, you know, we'll continue to make... Wait, Loren, sorry, I don't understand.

10% of the total revenues will come purely just from the credit activity.

That's what you get basically, you know, around 24 months, 36 months from inception.

Um, consumer credit, you know, um, how do you make money with that?

You give, um, credit to people, you, um, make your money basically, um, on the interest rate.

Oh, got it.

Okay.

Okay.

Cover your costs.

Got it.

So I think for me, what is important is when you start credit from scratch is actually to build your portfolio in a very consistent way.

It's, it's very good to

grow super fast in the payment side in India, when you build a credit business, you better be sure also that you know how to manage the risks.

And that's a very different line of business.