84.50 -1.35 (-1.57%)
Pre-market: 4:24AM EDT
|Bid||84.51 x 900|
|Ask||85.10 x 2900|
|Day's range||84.44 - 86.20|
|52-week range||52.43 - 86.32|
|PE ratio (TTM)||54.68|
|Earnings date||24 Jul 2018 - 30 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||87.05|
Jun.18 -- In early April, CB Insights published its quarterly report on global investment in fintech and the authors made a bullish prediction. They expect global fintech investment to hit a new high during 2018. This week, CB Insights is hosting financial executives, tech giants and blockchain experts in New York at the CB Insights Future of Fintech conference. One heavyweight in attendance: Affirm CEO Max Levchin, who co-founded Paypal, is now trying to build what he calls the first modern bank for a younger demographic, starting with point of sale loans. Bloomberg's Emily Chang caught up with Max Levchin. Bloomberg's Selina Wang also reports
Visa CFO sees opportunities in contactless payments and b-to-b offeringsPatrick T. Fallon/Bloomberg“Right now, we’re well-positioned to go on the offensive,” Visa CFO Vasant Prabhu told MarketWatch. Visa Inc. (XNYS:V) and Mastercard Inc. (MA) continue to charge ahead, with their stocks trading near record highs as the payments giants find new ways to enlist newcomers in their fight against cash and check. PayPal Holdings Inc. (PYPL) was once thought of as a threat to the card companies, but partnership arrangements struck a few quarters back mean that Visa and Mastercard stand to benefit from PayPal’s growth.
The fintech revolution has accelerated in the last couple of years and a couple of fintech unicorns have seen their share price soar as consumers all over the world demand better shopping and payment solutions
Shares of Square hit a 52-week high after the announcement that New Yorkers can now trade cryptocurrency on Square's rapidly growing Cash app.
When PayPal split from online auction site eBay in 2015, Wall Street wondered whether the digital-payments provider would truly find its place in the world of ushering money between people online.
Despite the ubiquity of mobile payments, a top executive at Venmo says the world is still multiple generations away from abandoning cash altogether.
Michael Vaughan, COO of PayPal's mobile payment service company Venmo, Karen Finerman, CEO and founder of Metropolitan Capital, and Founder of BKCM Brian Kelly will discuss the future of finance and cryptocurrencies at the Wharton Global Forum in New York Friday morning.
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.
In this article I am going to calculate the intrinsic value of PayPal Holdings Inc (NASDAQ:PYPL) using the discounted cash flows (DCF) model. If you want to learn more aboutRead More...
Zelle, a person-to-person mobile payment app launched by 30 U.S. banks, is poised to grow faster than competing apps from Square and PayPal Holdings, says market researcher eMarketer.
Shares of Dutch fintech firm and PayPal rival Adyen surged nearly 90 percent on their first day of trade Wednesday in Amsterdam.
The Zacks Analyst Blog Highlights: United Technologies, PayPal, ConocoPhillips, Raytheon and Tesla
The company is valued at nearly $14 billionSimon Dawson/BloombergPieter van der Does, chief executive of Adyen. As the recent tech IPO boom bleeds into payments, European financial-technology giant Adyen NV has gotten in on the action. The offering was “multiple times oversubscribed,” according to Adyen, which now has a market value of €12.7 billion, or $14.9 billion.
Adyen's IPO will value the firm at $8.3 billion making it one Europe's biggest technology listings in recent times.
Five financials near buy points are your stocks to watch this week: Square, PayPal, TD Ameritrade, E-Trade Financial and SVB Financial.
When eBay (EBY) announced earlier this year that Dutch company Adyen was replacing PayPal (PYPL) as its primary payments processor, something was not discussed: the investment relationship between the companies. In Adyen’s IPO prospectus, it revealed that eBay had offered warrants that could see it end up with a stake of up to 5.0% in Adyen.
PayPal (PYPL) recently joined other investors in injecting $125 million into Indian-based POS (point-of-sale) terminal provider Pine Labs, TechCrunch reported. Like PayPal rival Square (SQ), Pine Labs also makes POS devices that enable traders to accept card-based payments. In addition to selling POS terminals and processing payments for merchants, Pine Labs also offers mobile wallet services and advances loans to customers.
In less than one month's time, PayPal has made two key acquisitions designed to give it a leg up against competition in the payments industry.