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Palantir
-- 78.830 
PayPal stock rises after use of its BNPL service jumps on Black Friday
$PayPal (PYPL.US)$ stock gains 1.6% in premarket trading after CEO Dan Schulman said the company's "Buy Now, Pay Later" option surged almost 400% Y/Y on Black Friday in an interview on CNBC's "Mad Money" program.
"That's been one of the stars of the holiday season for us," Schulman said after the close on Tuesday.
Keep in mind that the company has only been in BNPL for about a year or year and a half, which means the base from a year ago was very small.
"We did some 750,000 transactions alone in one day on Black Friday," he told Jim Cramer referring to the Friday after Thanksgiving. And the company had more than $1B of process volume through its BNPL option in November. "We did over 1M first-time users for the first time ever in a month," he added.
When asked if PayPal is a "second fiddle" in BNPL, Schulman said the company has grown to one of the top three or four BNPL players in the world.
He also said the company is on track for 55M net new actives.
BNPL rival $Affirm Holdings (AFRM.US)$ rises 1.6% in premarket. $Block (SQ.US)$, which is buying BNPL firm $Afterpay Ltd. (AFTPF.US)$, rises 0.6%. $MasterCard (MA.US)$ gains 1.8% and $Visa (V.US)$ is up 1.4%; both are involved in BNPL.
In the past year, PayPal's stock decline of 14% contrasts with Square's 1.3% decline, Affirm's 159% surge, and the S&P 500's 28% increase as seen in the graph below.
Previously (Nov. 28), Affirm Holdings and $Adyen N.V. Unsponsored ADR (ADYEY.US)$ stocks extend gains as PayPal, Visa, other peers slip.
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hairless : it's all a flim flam, man:
https://www.zerohedge.com/markets/satyajit-das-exposes-fintechs-flim-flam-innovation-games
Old Capital : So, will they pay later?
70621324 : PYPL did a 180 degree at $180(.71). Buy.
RIVN did a $180 ($179ish) and is a short. Sell.
BABA toyed with $180 and resumed its fall. CCP has dry humor.
Of the three, PYPL is a buy.
Fed Humor: https://aff.whotrades.com/t/b/pq26z/
A rare opportunity : Who carries the risk with BNPL? Is it all three parties? Or primarily the merchant and consumer?
PrimroseE : Depends on who the BNPL provider is. The provider behind the BNPL option for the merchant. I wonder which creditor is willing to hold that much risk. Usually most people pay but they end up paying more over the long term. Defaulting on payments is a risk like anything else, and treated like defaulting on credit card payments. SO not much different I guess other than the credit duration and terms.
Jacques Conine : The stock market is indestructible
BraveRoy : what are the margins on this?
BSqueen BraveRoy : Excellent question. Please research the matter. I'd like to know also.
YCUMO : Insiders are buying, a very good sign. The hate selling is exhausted, time for the stock to work higher
YYYoung YCUMO : Some insiders are buying a bit, others are selling a lot.
https://finviz.com/quote.ashx?t=PYPL