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/#pymnts
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