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Paypal CEO was quite confident last week:
$PYPL CEO on the current state of BNPL:
"The era of some of these companies using venture-based money to fund contra revenues to get placement, it's done. People have to become profitable...And by the way, if those deals were profitable, we would have wanted them"
I find it amusing that a fairly robust, profitable, business like PayPal is being degraded at similar clips to more nascent, younger, non-profitable, payments companies.
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