NasdaqGS:WIXIT
Does Wix’s (WIX) Push Into Financial Services Signal a Shift in Its Long-Term Growth Strategy?
Earlier this month, Wix.com reported strong quarterly earnings, raised its full-year revenue guidance, and expanded its share buyback authorization by US$200 million to US$600 million, while also launching new financial services products for small businesses in the U.S.
By integrating business checking and cash advance services directly into its platform, Wix.com is seeking to make financial management and growth capital more accessible for its business customers.
We'll explore how the...