Wedbush Analyst: Afterpay Deal May Lead To Square Super App, Boost Consumer Side
newscatcher
2021-08-03 03:30
Wedbush Analyst: Afterpay Deal May Lead To Square Super App, Boost Consumer Side
Square's acquisition of Afterpay is 'all about monetization,' according to Wedbush analyst Moshe Katri, speaking on Yahoo Finance, per Twitter. Square plans to buy Afterpay for approximately $29 billion. Katri said the deal would see the number of active users on the consumer side of the business increasing by a sizable amount. Wedbush Analyst Moshe Katri on Square's acquisition of Afterpay: 'In terms of the strategic rational, this is a transaction that significantly expands the number of active users on the consumer side of the business.

https://www.pymnts.com/buy-now-pay-later/2021/wedbush-analyst-afterpay-deal-may-lead-to-square-super-app-boost-consumer-side/

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