Payments Technology

PayPal Stock Plummets: Is it a Good Buy?

We’ve spent the last couple of years developing various rules, metrics, and guidelines to remove as much subjectivity and emotion out of our tech investing methodology. We’ve introduced a simple valuation ratio to determine if a tech stock is overvalued, though that’s less of an issue based on plunging market caps in today’s bear market. […]

Adyen Stock is a Pure Play on Digital Payments Processing

How many ways can I pay thee? Let me count the ways. Actually, let’s not even try, because it’s not anywhere near as straightforward as a haircut for two bits. Are we talking about B2B payment technology or something more niche like restaurant transactions with digital receipts? Cryptocurrency? Let’s not even go there.  For the […]

Checking in With Payment Stocks – PayPal, Adyen, & Block

The efficient market hypothesis tells us that a stock’s intrinsic value cannot suddenly increase without reason. When the reason is clearly hype, investors might be served to do the unthinkable – engage in a bit of market timing and take some profits. That’s what we did with shares of Desktop Metal (DM) back when we […]

Expensify Stock: Making Expense Reports Great Again

The stench of American politics has gotten a whole lot worse lately in Portland, Oregon, a city with squalor that makes third-world favelas look orderly and structured. Take a drive through the city’s main arterials and you’ll quickly notice all the crudely erected structures with garbage overflowing onto the streets. Instead of addressing this gaping […]

Billtrust Stock: Accounts Receivable Automation

A remarkable number of people ask the Ministry of Truth, Google, which stock is “the best” to buy. Never mind how ambiguous the term “best” is, market timing alone can mean two people investing in the same stock, over roughly the same time frame, can experience two very different outcomes. For us, “best” means the […]

5 Pure-Play Stocks for the B2B Payments Thesis

Our recent piece on AvidXchange talks about how small to mid-sized businesses (SMBs) in the United States represent a $20 billion opportunity for B2B payments automation. Alongside that opportunity is an additional $20 billion from offering supply chain financing products. A $40 billion total addressable market (TAM) is sizable, but pales in comparison to the […]

AvidXchange Stock: A B2B Payments Pure-Play

They say that the difference between an accountant and a lawyer is that the accountant knows they’re boring. It takes a certain type of person to finish a managerial accounting class and conclude that T-accounts are their life’s calling. As uninspiring as accounting might be, it’s a critically important part of every business out there […]

Toast Stock: A Pure Play on U.S. Restaurant Receipts

Long before Anthony Bourdain became a household name, he was a cult figure among restaurant workers everywhere because of his first work – his magnum Opus One – Kitchen Confidential. Finally, someone adequately captured what happens behind those swinging doors. The illegals in the dish pit, the convicts in the kitchen, the pervasive drug use […]

The Many Applications for Data-Over-Sound Technology

Hong Kong is often in the news for all the wrong reasons. What most HK residents would probably want you to know is just how much they love their city. Politics aside, when nearly 28% of a city’s population takes to the streets to protest at the same time, it tells you something. These people […]

Square Stock vs. PayPal Stock vs. Adyen Stock

Certain professions attract more self-important people than others, but none more than finance. It’s quite comical when you consider that over the long term, 95% of active managers – those who try and beat a broader market benchmark – cannot. There is no special magic required to be a good investor. Useful financial concepts can […]