Why Square Acquired Afterpay For $29 Billion: Merchant And CashApp User Acquisition

Payments fintech Square announced its intention to acquire Buy Now, Pay Later (BNPL) firm Afterpay for $29 billion in an all stock transaction. Square’s press release quotes Square CEO Jack Dorsey as saying: OK, whatever you say Jack.

Link: https://www-forbes-com.cdn.ampproject.org/c/s/www.forbes.com/sites/ronshevlin/2021/08/02/why-square-acquired-afterpay-for-29-billion-merchant-and-cashapp-user-acquisition/amp/