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Most of their ATMs are partner ATMs, meaning it’s just an integration into someone else’s hardware (capex). Even still, I’m guessing on this volume they’re bar
by conductr 2y ago
Most of their ATMs are partner ATMs, meaning it’s just an integration into someone else’s hardware (capex).
Even still, I’m guessing on this volume they’re barely making $500k in annual revenue. Could be a lot less depending on how much they have to share with those partners. Could be a lot more if they’re being extremely shadey with exchange rates or somehow able to gouge on fees.