It's been three long years ayondo, what are you still waiting for?

RANKLED investors of Catalist-listed ayondo - proclaimed the first pure-play fintech to be listed on the Singapore Exchange (SGX) - have been waiting more than three years to see any sort of return on their investment.

In the interim, the company's affairs continue to raise questions faster than old ones can be answered. And earlier this month, investors were told that an expected deal is facing some hiccups.

The stock had lost three-fourths of its value in the first three months after its float in March 2018. The company's claims of being a "sophisticated" online trading platform unravelled within months of its listing, alongside ballooning losses and a cash-flow pickle that prompted a rethink on the use of initial public offering (IPO) proceeds.