Talk about home bias, what is the total addressable market size of each business?
CBA is an Australian based business and in the global scheme of things is a minnow. AfterPay is a GLOBAL player and the potential BNPL overseas customers will dwarf that of CBA. The local banks are screwed and they know that, at least Westpac had the smarts to team up with AfterPay.
DYOR
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- Any thoughts on the CBA bnpl product?
Any thoughts on the CBA bnpl product?, page-133
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