Daily Price Movement / General Discussion, page-2486

hey Petertan

Good write up but your info on Affirm point one is a bit out. 27 billion USD or about 35 billion AUD and similar customers...
But affirm did do 500 million USD reveneue in 2020 on 97% YoY growth too. And they are going well this year also. Zips fy2020 revenue was 168 million.
Affirm and Klarna are similar to zip and quad in terms of allowing bnpl on any purchase. Affirm also offers higher value items and at higher interest rates ssort of like ZipMoney does.
In terms of management though you cannot reallyfompared the guy max running Affirm compared to our Zip founders
It's be like comparing Bill Gates or Steve Jobs to say your local high school teacher. I live zip and love the mgmt, the culture scores of zip and see really set zip apart from Afterpay in being able to grow fast and maintain an awesome innovative and respectful culture. Happy employees happy customers. Afterpay hasn't been able to achieve this with glassdoor employee scores continuing to slide down which indicates all is not ok internally.
But Max co founded PayPal, he has sold Sheets to google, he is about as good as you're going to get globally in terms of finding someone to drive a company forward successfully and knowing what to do to attract global investors etc. It's a great sign someone like Max is in BNPL, he is a thought leader and can see future trends many of us can't and just follow
He is saying bnpl is here to stay and will supercede credit cards and data suggest that's happening and long way to go
The quadpay was a question mark last year; it's now generating annualsied more than 2.5 billion in sales and fastest growing bnpl in the US. It's bigger than Sezzles entire business. So investors should know quadpay is there and hopefully we may get a serious US investor who can help the company grow further. A signing with Amazon US would really shoot us forward totally agree. Fingers X.
Bnpl is a win win for Amazon and it's merchants as merchants get paid and Amazon gets paid gives consumers choice to buy more and pay later.

Should bnpl be aka BMPL?