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PayPal Holdings, Inc. engages in the development of technology platform for digital payments. Its solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. Read More It manages a two-sided proprietary global technology platform that links customers, which consist of both merchants and consumers, to facilitate the processing of payment transactions. The company was founded in December 1998 and is headquartered in San Jose, CA.
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Big Tech Wanted to Dethrone Credit Cards. Why It Failed, and Who Wins Now.
Text size It was 2013 and the talk of Silicon Valley was about the “mobile wallet” and how Apple and other tech giants were about to muscle into the financial industry’s turf with digital payments. “I think it’s just getting started,” Tim Cook, the Apple CEO, told analysts at the time, leaving Wall Street thinking of a major disruption. But when Apple Pay arrived 18 months later, there was no sign of a revolution. Rather than start from scratch, Apple decided to partner with Visa (ticker: V), Mastercard ...
Yahoo FinanceMay 24
PayPal Stock Will Move Higher, but There Are Way Better Choices
It seems like nothing can stop PayPal (NASDAQ:PYPL). After a brief slowdown during the bear market in late 2018, PayPal stock had returned to its late-summer highs by January.
Yahoo FinanceMay 21
PayPal Is Backing a German Startup to Help You Save, Not Spend
(Bloomberg) -- A German fintech firm that counts PayPal Holdings Inc. among its investors wants to expand its internet platform for bank-savings products to the U.S. Raisin GmbH, which claims to be “first and only pan-European deposit marketplace,” has hired Wealthfront’s Paul Knodel to create its U.S. business. If all goes to plan, the operation will go live within 12 months. “We had initial discussions with potential American partner banks,” Chief Executive Officer Tamaz Georgadze said in an interview. ...
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