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Early Afterpay backers embrace Square bid, eye integration risk

Share The early backers of Afterpay say Square’s blockbuster $39 billion offer makes strategic sense for both companies but warn integration risk will be a key factor to watch as the two payments systems are brought together. The local market reacted positively to a Square earnings call and briefing on the Afterpay acquisition on Monday night, sending Afterpay up another 12 per cent on the ASX on Tuesday on the back of strong gains by Square in New York. Afterpay’s Nick Molnar at Thread Tog...
Hugh Robertson Eleanor Swanson Jason Orthman Tobias Yao Square Cdis Chris Prunty
Source: afr.com

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