Why it matters
Analysis: the same checkout can distribute very different duration and risk profiles. Compare approval, merchant contribution, funding cost, refund behavior and lifetime losses separately for short and long offers. Marketplace distribution is strategically valuable, but does not establish profitable originations.
What remains uncertain
These are UK terms from the company’s announcement, not U.S. offers. Rollout is progressive; the release does not disclose realized volumes, loss performance or merchant economics.