Market Position And StrategySquare is now taking share from traditional processors and Clover, indicating a positive market position.
Stock Performance And ValuationThe stock remains among the cheapest in the space, and there is additional price performance potential post the 3-month rally in the stock.
Valuation And Potential UpsideChime’s IPO provides investors with a more relevant and direct comp for Cash App, which illuminates the extent of the valuation discount as well as the potential upside.