laybuy ipo more expensive than buying openpay or sezzle on the market. sezzle the cheapest of the BNPL in terms of growth potential, financials and market cap($700m) now however doesnt make a profit either. Most expensive is splitit.
Openpay has a huge cash burn rate. Z1P is reasonable as ebitda positive, and 10-12 times sales, growth rate of quadpay is very high and the merchant quality is high. Afterpay is expensive at $17bil valuation but being ranked like a Square, Adyen or Meli at the moment, with all the biggest brands and merchants.
