Square's (NYSE: SQ) recent earnings announcement sent the stock surging higher in early August. Most of the attention around Square centers not so much on financials, but on its intention to buy Australian fintech company Afterpay (OTC: AFTP.F), a transaction that will entail purchase of all of Afterpay's stock for $29 billion. Afterpay allows Square to supercharge buy now, pay later (BNPL) payment options, making it easier for consumers to purchase products and pay in installments without interest. Read More...
Square’s (NYSE: SQ) recent earnings announcement sent the stock surging higher in early August. Most of the attention around Square centers not so much on financials, but on its intention to buy Australian fintech company Afterpay (OTC: AFTP.F), a transaction that will entail purchase of all of Afterpay’s stock for $29 billion. Afterpay allows Square to supercharge buy now, pay later (BNPL) payment options, making it easier for consumers to purchase products and pay in installments without interest.
