Reach into the toilet
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•@TheRealPowell there are far too many competitors on the market. Mastercard or Visa are the big players, why should you choose clear or Paypal, for example, but who knows, maybe you'll be right too
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@TheRealPowell because i use klarna myself and so do many people around me and that's one point already ticked off my checklist
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•@nassimcanim aha, and I know almost nobody in my environment who doesn't use PayPal. So, is the share price going up now? I don't think so. I would focus more on the fundamental data than those around me!
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you are so right!
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@nassimcanim I just wanted to remind you of the example. Don't be angry with me. Paypal has been a dying bird for years even though many people use it.
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@TheRealPowell everyone has their opinion i don't see a dying bird 🦅
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@nassimcanim yes, but you wrote a good article on SAP where you mentioned the same thesis as I just did. Many people want a piece of the pie. That's why I don't quite understand you
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@TheRealPowell Yes, that's true, but when it comes to finance, there's a lot more to it, Paypal in the example has a huge brain tree, an extremely strong brand (everyone knows Paypal) and is integrated into most online stores. And the leader in Europe for P2p and with Venmo also in the USA. So the customer base is there. There is a lack of growth and monetization at Venmo, which is why I am not invested there for the time being. I am convinced by Klarna because, as I said, I have a lot of people in my environment who use it and the figures reflect exactly that - more than 100 million active users and integrated with 1 million merchants. I see the "easy" granting of credit with Klarna as a problem as well as an opportunity for me, e.g. Super I myself almost only use Klarna ratepay or 30-day payment, but of course it can also be exploited the "easy granting of credit", so for me the customer base is the biggest problem. But even there: the satisfied customer base is there. None of the payment providers are currently highly profitable. See paypal, see square. I think that will all come back. What is not good: I don't know when and through what.
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