Daily Price Movement / General Discussion, page-680

szl got a 250 million USD facility from Goldman Sachs which is 25 Percent bigger than what quadpay currently have- personally i think that's overkill but should meets szl growth needs for the next 2 years with that

Both szl and zip are trading on lower multiples than Afterpay. So as all these bnpl keep growing and maturing and still alive and kicking you'd expect the multiples to start all being the same for those.fompanies that can do 5+ billion ttv and 100% yoy.

Some of the smaller ones like IOU rocketed today up 50 percent so i think they re now trading on > 70 xmultiple of revenue currently! You'll start to see bnpl being categorised into different buckets.
The monsters; KklarNa (and potentially PayPal in about 2 years); global and well established clear leader, lower margins massive volume
The mid tier; Afterpay, affirm, Zip doing less than 20 billion a year TTV; globally and growing rapidly
The third tier; those TTV say under 5 billion and growing rapidly; Sezzle and a few others
Fourth tier; those with highly speculative valuations and niche markets such as IOU and Paidy, LimePay, etc. These may be ripe for acquisition.

Tier 1 and 2 would now be almost unacquirable, with purchases in the tens of billions . Tier 3 and 4 likely acquisition targets to get into new Geo's quickly