Thursday, August 5, 2021

Square top executive Amrita Ahuja on Afterpay mega deal - says online payments sector to hit US$10 trillion by 2024

If you manage to forget the COVID crisis for a moment, one big corporate deal close to the wallets of many consumers is probably the biggest story this week.

That's the $39 dollar takeover of the buy now pay later company Afterpay by the US tech giant Square.

If approved by regulators, it will be the biggest deal in Australian corporate history.

Square's chief financial officer Amrita Ahuja says is eyeing online payments in the sector valued at $10 trillion by 2024.

In her only Australian broadcast interview,  I spoke with Ahuja spoke from San Franscisco for RN Breakfast.


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