08.12.2019 16:30:00

Where Will PayPal Holdings Be in 1 Year?

PayPal (NASDAQ: PYPL) has always been on the leading edge of technology. It pioneered digital financial transactions and has continued to be a leader when it comes to peer-to-peer transactions through its Venmo platform.The fintech company has had to educate its customers as it built an audience. That's a challenging position to be in, but the public has grown more comfortable with digital payments, which has been good for PayPal (and the increased number of transaction fees it collects).Revenue climbed by 19% in the third quarter, growing to $4.38 billion. The company processed over 1 billion transactions per month for the first time ever in Q3, with the total coming up 25% year over year at 3.1 billion transactions overall for the quarter.Continue reading
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