Order of Events7 Dec 2021 10:45
Just so I understand the order of events here as I want to double check a couple of things. Afterpay vote will happen by the end of December. The Bank of Spain is likely to approve in Jan. At which point to we get clarification that they will buy Thinksmart's 10% and for what value. I appreciate that might be an obvious question but I'm trying to understand the short timescales and also the reason for the drop. I believe Clearpay's UK progress may have slowed, I regularly check the shop directory and they don't appear to have benefited from getting any large retailers online recently. With regards to why Square would need Clearpay I know they noted they were impressed by their customer acquisition numbers but also if they want merchants Clearpay has been very successful in establishing a number of SME businesses in the UK. I think the market has presented a great opportunity today.