Block's digital payments empire continues to show strong fundamentals and execution excellence 😤📱; Affirm: Buy Now, Profit Later? Growing scale masks path to sustainable profitability 🤔💳

FinTech is Eating the World, 8 November

Hey Everyone,

Good morning & happy Saturday! We’re ending another incredible five days in FinTech on the weekend but it’s 100% worth the wait 😤 Today’s issue is all about FinTech giants in their field. We’re thus looking at Block whose digital payments empire continues to show strong fundamentals and execution excellence (deep dive into their Q3 2024 results, unpacking the most important numbers & whether Block is worth your time and money in 2024 and beyond), and Affirm whose growing scale masks the path to sustainable profitability (Buy Now, Profit Later, or the breakdown of Affirm’s latest financials, what they mean & what’s next). Let’s just jump straight into the interesting stuff 🌶️

Block's digital payments empire continues to show strong fundamentals and execution excellence 😤📱

Following the money 💸 Finance heavyweight Block SQ 0.00%↑ just posted its latest Q3 2024 results that reveal both impressive strengths and areas of concern that impact its investment thesis.

Let’s dive deeper into this, unpack the most important number, and see whether Block is worth your time and money in 2024 and beyond.