What makes you think Square will invest into a marketplace where they can really only attract micro merchants and small food vans? That market has taken the biggest hit during covid. I fully suspect they will be deploying their capital into their blockchain research division to help capitalize on the growing trend of De-fi and their super successful cash app. I expect Tyro to grow off the back of the re-opening of Australia, growth in population due to international immigration which has resumed and a total increase in volumes passing through terminals due to inflation. I'm buying Tyro off the back of a 2-3 year scope, Right now to me it's a bargain and will break even in the years following.
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