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Coinnounce 2021-08-02 10:17:05

Jack Dorsey-owned Square to acquire Australian fintech firm Afterpay in a $29B deal.

Jack Dorsey’s cryptocurrency-friendly digital payments firm Square is expanding competition with global payment giants like PayPal by acquiring a major Australian lending company. Jack Dorsey-owned Square announced Sunday that the firm has entered into a scheme implementation deed to acquire all of the issued shares in fintech company Afterpay in a $29 billion deal. The transaction is […]

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