Wednesday, July 17, 2024

PayPal & Square are bigger than?

By DAC000 , in Fintech Paytech , at September 4, 2020 Tags: ,

Goldman Sachs and Bank of America, in terms of market capitalisation. These long established Paytech firms have indeed come a long way. About a four minute read.

Comment: but is it really fair to compare a Paytech firm with full services banks? Makes for good headlines, sure. However we’re talking apples to oranges. Meanwhile, what will these Paytechs do for a second act? Become full service banks? Yeah, sure, ok — what will that do to their market capitalisation then?