A toxic cocktail of bad debts, negative cashflows, rising interest rates and under-pressure balance sheets could worsen the blow to the shares of buy now, pay later juniors Zip Co and Sezzle, fund managers say.
Andrew Brown of East 72 says Zip Co should scrap its offer to acquire Sezzle. Peter Braig
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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com
