Just further to this, interesting take on the M&A - article understandably bullish for Affirm, but commentary more generally on the sector:
https://www.forbes.com/sites/richardkestenbaum/2021/08/27/the-partnership-between-amazon-and-affirm-will-be-huge/?sh=10101956198f
"We are starting to see consolidation in the buy-now-pay-later market with the announcement of the purchase of Afterpay by Square. It’s inevitable that we will see more. There is so much profitability to be had and it seems unreachable for traditional, legacy banks. The existing players are going to combine and many of those will be acquired by banks who have to find a way to break into the market."
Maybe LD & PG could be a little less rude about the banks and they may find some more friends haha.
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Just further to this, interesting take on the M&A - article...
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