PayPal May Seek More M&A Deals
At the end of May, PayPal (PYPL) had announced two M&A (merger and acquisition) deals, and more could be coming. With an eye on expanding in international markets and reaching more unbanked consumers, PayPal may be more active in the M&A market in the future than it was in the past. PayPal closed only two acquisitions in 2017 and didn’t close any M&A deals in 2016, according to Crunchbase data.