Breaking Down Square’s Acquisition of Afterpay
August 24, 2021 at 07:00 AM EDT
Earlier this month, Square (NYSE: SQ) announced that it is acquiring Afterpay for nearly $30 billion, marking one of the largest acquisitions to date in the still budding fintech industry. Australia-based Afterpay is a buy-now-pay-later (BNPL) company, putting at the center of a concept that...