With the huge acquisition of Afterpay, Square practically becomes one of the most important #BNPL players worldwide.
$SQ $ATPY
Let's see the a bigger picture about the BNPL industry [ $AFRM, $PYPL, $AAPL, $SHOP].
Thread
⬇️⬇️⬇️🧵
$SQ $ATPY
Let's see the a bigger picture about the BNPL industry [ $AFRM, $PYPL, $AAPL, $SHOP].
Thread
⬇️⬇️⬇️🧵
https://twitter.com/jack/status/1421955381325139974
1/
Klarna, one of the most important competitors in the sector recently made a substantial raise
Klarna, one of the most important competitors in the sector recently made a substantial raise
https://twitter.com/studios/status/1402986591065235464
2/
Paypal: Since launching in August 2020, the service has processed more than $3.5b in TPV, with more than $1.5b coming in Q2 alone—and the company has expanded into new markets in the last few months, like Australia.
$PYPL
Paypal: Since launching in August 2020, the service has processed more than $3.5b in TPV, with more than $1.5b coming in Q2 alone—and the company has expanded into new markets in the last few months, like Australia.
$PYPL
3/
Afterpay (acquired by $SQ) is a leading BNPL provider based in Australia but rapidly expanding in the US & other international markets.
H1 2021
Total revenue = 417.1M
Gross profit = 306.8M
Total merchants = 74.8 thousand
Total customers = 13.1M
$ATPY
weekly10k.substack.com/p/afterpay
Afterpay (acquired by $SQ) is a leading BNPL provider based in Australia but rapidly expanding in the US & other international markets.
H1 2021
Total revenue = 417.1M
Gross profit = 306.8M
Total merchants = 74.8 thousand
Total customers = 13.1M
$ATPY
weekly10k.substack.com/p/afterpay
4/
Affirm: US-based buy now, pay later (BNPL) company Affirm reported a 55% annual increase in gross merchandise volume (GMV), reaching a value of $2.1 billion in its fiscal Q2 2021 (ended December 31, 2020).
$AFRM
Affirm: US-based buy now, pay later (BNPL) company Affirm reported a 55% annual increase in gross merchandise volume (GMV), reaching a value of $2.1 billion in its fiscal Q2 2021 (ended December 31, 2020).
$AFRM
5/
Shopify works with Affirm. Shopify is enabling Shop Pay Installments (powered by Affirm) by default for all merchants who use Shopify payments.
$SHOP $AFRM
Shopify works with Affirm. Shopify is enabling Shop Pay Installments (powered by Affirm) by default for all merchants who use Shopify payments.
$SHOP $AFRM
https://twitter.com/CanadaKaz/status/1402965380029718532
6/
Apple and Goldman Sachs are planning a Buy Now Pay Later (BNPL) service that would allow users to split Apple Pay payments into installments with loans funded by Goldman Sachs.
$APPL $GS
Apple and Goldman Sachs are planning a Buy Now Pay Later (BNPL) service that would allow users to split Apple Pay payments into installments with loans funded by Goldman Sachs.
$APPL $GS
7/ Today's move confirms the #FinTech trend that the industry is gaining huge momentum.
https://twitter.com/studios/status/1419580807400853504
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