Square Cash Growing Faster Than Venmo, Analyst Points to Bitcoin

Оригинал: https://blockexplorer.com/news/square-cash-growth-beating-venmo-partially-bitcoin/

Square Cash, the mobile payments app operated by San Francisco‐based financial services company Square, has seen faster growth than their fiercest competitor, PayPal’s Venmo app, according to new analysis from Nomura’s Instinet.

A report sent to Instinet clients from analyst Dan Dolev concludes that Square Cash is quickly catching up to Venmo’s install base, with nearly 28 million cumulative downloads of the Square Cash app, a mere $1 million behind Venmo, despite releasing 4 years later. Square Cash’s downloads have averaged a strong 128 percent year‐over‐year growth since 2016, with Venmo only managing 74% year‐over‐year growth comparatively.

Читайте далее на blockexplorer.com →