The viability of BNPL won't be squeezed until interest rates rise which, by the looks of things, won't happen for a long time.
If Paypal don't create a BNPL eco-system they won't be able to compete with APT as a value-add solution. They'll be the cheap store brand option. APT's business model is based around leading to more sales execution for merchants. Unless Paypal provides a proposition that matches that then there won't be any squeezing going on.
APT is not without risks, but the sell-off is more likely a pause for breath rather than a permanent downgrade. Still a lot of room to go before i'd jump back in personally. I was wrong about the price movements since $27 though so don't pay too much attention to me!
APT Price at posting:
$76.35 Sentiment: Hold Disclosure: Not Held
