Indian startup Mintoak, which provides merchant payment services to lenders, said on Tuesday it has bought Digiledge, marking the first acquisition in the nascent central bank digital currency space in a deal that sources said was worth around $3.5 million.
In this video, I will talk about PayPal (PYPL -0.23%), why I keep buying more shares, and its recent Investor Day. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Stripe just pulled off a massive growth spurt, and the payments giants should be paying attention. According to JPMorgan analyst Tien-tsin Huang, the private fintech powerhouse processed a staggering $1.4 trillion in volume last year, a 38% year-over-year jump that left competitors in the dust.
PayPal Holdings (PYPL -1.83%) saw its growth stagnate after the COVID-19 pandemic came to an end, but its new management team has done a great job of returning the company to growth. However, 2% year-over-year user growth isn't likely to get many investors excited.
Investors looking for stocks in the Financial Transaction Services sector might want to consider either Paypal (PYPL) or MasterCard (MA). But which of these two stocks is more attractive to value investors?
SUDBURY, MA - While Helaine Block has lived in Sudbury for over 30 years, her travels often take her elsewhere. The executive director of Kobe Henro, an Acton-based food bank for pets, Block visited a dog farm in Puerto Rico owned by a client in October 2020. There, she saw firsthand the ongoing struggle locals have in helping the stray dogs that roam the island. It's estimated there are roughly 650,000 stray dogs in Puerto Rico. While the first thought may be to help provide food, Block and Kobe Henro have started a different type of initiative - northern Puerto Rico's fist spay and neutering clinic for strays. Dubbed the PIPPI Project, Block and her team will hold the clinic on March 22-23. "Everything fell into place rather quickly, and each team member brings a unique specialty aimed at helping the perpetual stray reproduction cycle," Block said. The team welcomes donations at PayPal ([email protected]) and Venmo (@kobehenro).
Paypal (PYPL) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
One analyst says the new growth goals seem achievable. Another worries competition from Apple Pay might get in the way.
PayPal Holding's senior management laid out a strategy at its annual Investor Day on Tuesday (Feb. 25) that will bolster omnichannel efforts under its “unified commerce” approach, as CEO Alex Chriss said PayPal continues its transformation from “a payments company to a commerce platform.
PayPal's shares have lagged due to market fears about competition from Apple and Shopify, but I believe these concerns are overblown. PayPal's Fastlane guest checkout feature aims to streamline the process, addressing efficiency concerns and enhancing their competitive edge. Despite valuation concerns, PayPal's strong growth metrics and forward operating cash flow justify a price-to-earnings ratio of 20, indicating a 29% upside.
PayPal Holdings Inc (NASDAQ:PYPL) stock is up 3.5% in premarket trading, after the fintech company issued an upbeat 2027 margin growth outlook and reaffirmed its 2025 forecast.
PayPal is positioning Venmo as the "go-to money movement app" by driving in-store and online spending, boosting merchant adoption, and keeping more funds on the platform. Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo's role in digital commerce.