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Who s afraid of FedNow? Not Visa

CFO news

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Rising interest rates spell trouble for Buy Now Pay Later business model

BNPL transaction volumes hit $120b in 2021 up from $33b in 2019.

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Analysis-Buy Now Pay Later business model faces test as rates rise

By Elizabeth Howcroft LONDON (Reuters) - Reduced consumer spending, rising interest rates and trickier credit conditions spell trouble for Buy Now Pay.

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Square gets a street-high $330 price target from Deutsche Bank on Cash App stimulus potential

Square gets a street-high $330 price target from Deutsche Bank on Cash App stimulus potential
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Square gets a street-high $330 price target from Deutsche Bank on Cash App stimulus potential

Square gets a street-high $330 price target from Deutsche Bank on Cash App stimulus potential wdaniel@businessinsider.com (Will Daniel) © Rolf Vennenbernd/picture alliance via Getty Images Jack Dorsey Square s Co-founder. Rolf Vennenbernd/picture alliance via Getty Images Square received a street high $330 price target from Deutsche Bank on Wednesday. The target implies a 22% gain from current share prices. Deutsche Bank analysts expect the company s Cash App to benefit from another round of stimulus in 2021. Square received a street-high $330 price target from Deutsche Bank on Wednesday ahead of the company s February 23 earnings date. Analysts at Deutsche Bank, led by Brian Keane, said Square may have been a recovery play in 2020, but the bigger recovery story is set to come in 2021.

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