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Published in the Australian Financial Review, Hyperion Asset Management, owner of both Square and Afterpay, has expressed its excitement for the deal that will provide rare access to a big US fintech player through the ASX.
The merger of the two businesses is expected to “accelerate product innovation” allowing them to become even more relevant to the next cohort of users and “potentially even more disruptive” to the major banks, according to Jason Orthman, Deputy Chief Investment Officer at Hyperion Asset Management.
Jason expressed his strong support for the deal saying, “The listing of Square on the ASX allows local investors to easily gain exposure to the potential disruption of both the traditional payments and banking industries globally”.
Read the full story: ACCC green lights Afterpay megadeal – Australian Financial Review.
This article was also published in the Australian Financial Review (print).
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