"Globally 3.8 billion people are under the age of 30, a larger number than at any time in history. So I guess, it comes as no surprise that BNPL companies are booming. In fact the ASX now lists seven, the largest of which is Afterpay, the industry leader with 11.2 million active customers and 63,800 active merchants globally. By comparison, PayPal has 377 million active customers and 29 million merchant accounts.Less than 1% of PayPal’s customers and merchants have opted into its BNPL product, offering significant potential growth. Despite this, PayPal reports its BNPL product has had the fastest start to any product ever launched in its history. Within a few short months of activating the service, it surpassed Afterpay’s merchant base in the US by a factor of 18x and acquired 2.8 million active users, a feat that took Afterpay more than a year"
Im not trolling man.....far out.
Mate I never wish people lose money, thats not a good way to go through life.
My sentiments are NONE, people can make up their own minds, it is their money after all.
But as an investor, information is your best friend.
Even if its bad.
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