The aim of this show is to provide insights into the overall trends, and the buzzing updates that may impact the market scenario during early trade hours. Watch The Buzzing Trends on Kalkine TV and stay updated.
In todays show we will focus squarely on this weeks big success story – AFTERPAY.

• The Australian fintech sector taken centre stage as Square unveiled its plan to acquire Afterpay for $29 billion US Dollars. Square is an American financial services and digital payments company, which was founded by Twitter founder Jack Dorsey in 2009. 

•  Afterpay’s share price rose by 18.77 percent to close at $114 australian dollars and 80 cents per share. This led to an increase of 1.3 percent in the ASX200 index.
• Square was keen to integrate Afterpay with another mobile payment service called “Cash App” – which is also owned by Square. Through this integration, Square plans to tap the younger demographic to it’s payment platform – as the young consumers are known to have a preference for digital payments. Square is expected to close the merger and acquisition deal in early 2022.

#afterpayacquirebysquare #digitalpaymentcompany #bnplstock #afterpay #square #kalkinemedia

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