Cardlytics ($CDLX): Potential New Bank and Fintech Partners (Research Note #191)
Update on previous major potential bank partner discussed, and how CDLX could get multiple partners at one time.
Market Cap as of 8.31.2023: ~$16.69 / Share x 37.7M Shares ~ $629M Market Cap.
(#191) 8.31.2023: Potential New Bank and Fintech Partners
Over a month ago I discussed one specific major bank that stood out as being more likely than others, in light of new information at the time.
In this post I provide a quick update on that specific potential partner.
In addition, I believe there may be a way for CDLX to partner with a certain group of banks and fintechs very quickly / at one time, which could have a material positive impact on the business.