(no title)
pjg
|
4 years ago
Seems like a simple value proposition here:
BNPL is growing like crazy. Square doesn't have a strong product in BNPL space. Add to that it will get a presence in AUS/NZ and it becomes a good value to Square expanding product and global footprint. Paying about 20-25% of it's market cap to acquire a company at appx 20X multiple of it's revenue with a growth rate of 1X.
Seems like a fair deal in today's hot market.
Is there anything else to it ?
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