Here's Why I Like PayPal's BNPL Strategy More Than Square's
To put it mildly, the buy-now-pay-later (BNPL) industry is on fire lately, so it's not surprising that fintech giants PayPal (NASDAQ: PYPL) and Square (NYSE: SQ) both want a piece of the action. However, they're taking very different approaches: PayPal has built its own BNPL business from scratch and is growing it through bolt-on acquisitions, while Square is spending aggressively to simply acquire a ready-made BNPL business all at once in the form of Afterpay.
In this Fool Live video clip, recorded on Sept. 13, Fool.com contributor Matt Frankel, CFP, explains to Industry Focus host Jason Moser why he's more of a fan of PayPal's approach.
Source Fool.com
