19 September 2022
By : Quick Insurance Guru
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A relatively new variation on installment-based finance, buy now, pay later, has gained enormous appeal in recent years.
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Affirm is a leader in the BNPL industry, and it has a couple of blockbuster tech partners to back that up.
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Overall, it generated $1.3 billion in revenue for the upcoming fiscal year, an increase of 55%, and it was the first time it had done so.
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Perhaps no name is more well-known in the world of fintech and electronic payments than Block.
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In the most recent quarter, Square processed $48.3 billion in gross payment volume (GPV), up 24.5% year over year.
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Cash App's gross profit of $705 million in the second quarter of 2022 was 29% more than in the same quarter the previous year.
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Bull markets aren't just about stock market recovery. They're also about healthier economic growth.
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And if the world economy does recover, Mastercard, a major player in the digital payments industry, stands to gain significantly.
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Mastercard is already a titan that pulled in $5.5 billion in revenue last quarter alone, a 21% year-over-year increase.
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