Venmo

One of the most well-known internet acquisitions of 2002 was when eBay Inc (NASDAQ: EBAY) announced it was acquiring PayPal Holdings Inc (NASDAQ: PYPL). Investors who bought eBay shares on the day the deal was announced have done quite well for themselves. Years later, eBay decided to spin off...

Fintech company PayPal Holdings (NASDAQ: PYPL) reported third-quarter financial results after the market close Thursday. Here are the key highlights for investors.  What Happened: PayPal reported third-quarter revenue of $6.85 billion, up 11% year-over-year. The total revenue beat a Street...

Fintech has not only changed the way we do business, but how we lead our daily lives. Millions of times every day, Americans use fintech apps like Venmo and Zelle to send money straight from their phones, or Paypal and TorFx, to conduct business transactions. Fintech applications include robo-...

The Texas Permanent School Fund, a public endowment of the State of Texas, has hiked its stake in Tesla Inc (NASDAQ: TSLA), Amazon.com, Inc. (NASDAQ: AMZN), and Apple Inc (NASDAQ: AAPL) during the third quarter of 2022, according to its 13-F filing...

Major U.S. indices closed over 1% higher on Tuesday as investors digested falling yields a week before the FOMC meeting. The yield on the benchmark U.S. 10-year Treasuries fell to 4.092% from 4.28% as on Oct. 24. Benzinga dives into five stocks that are seeing high interest...

Analysts are diving into the second quarter earnings report from PayPal Holdings (NASDAQ: PYPL) and evaluating what a $2 billion stake from Elliott Management could mean for the financial technology company's future.  The PayPal Analysts: After PayPal said second-quarter revenue increased...

Payments solutions company PayPal Holdings Inc (NASDAQ: PYPL) reported second-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: PayPal reported revenue of $6.8 billion for the second quarter, up 9% year-over-year. The revenue came in ahead of a...

Cathie Wood-led Ark Investment Management exited out of PayPal Holdings Inc (NASDAQ: PYPL) as it sold its last 100 shares on Feb. 17 this year.  The investment firm is instead betting on the Jack Dorsey-led Block Inc (NYSE: SQ) and the company’s Cash App. Speaking to CNBC at the Miami...

Gone are the days when simplified trading apps were the paradigm shift in financial services. Consumers now demand more. They want education, information and easy back-and-forth communication with their financial services providers and embedded networks, as well as access. That’s...

A new tax law that took effect at the start of 2022 is not being welcomed by users of mobile payment services. What Happened: Starting this year, the IRS is requiring mobile payment apps such as Zelle, Block Inc.'s (NYSE: SQ) Cash App and Paypal Holdings Inc.'s (...

Square Inc's (NYSE: SQ) Cash App and PayPal Holdings Inc's (NASDAQ: PYPL) Venmo are two of the most popular mobile payment applications. So which one is being downloaded more in the Apple Inc (NASDAQ: AAPL) app store right now? Cash App held the 11th spot on Oct. 1 before trending...

PayPal Holdings Inc (NASDAQ: PYPL) is trading higher Monday after reports suggesting the company is exploring the launch of a stock trading feature on its platform.  Douglas C. Lane & Associates' Sarat Sethi owns the stock and would buy more at current levels, he said Monday...

PayPal Holdings Inc (NASDAQ: PYPL) is one of the world’s largest digital payment sites. In addition to the flagship PayPal website, the company also owns and operates Venmo, one of the leading mobile payment platforms. Now, the company may be getting into a new industry. What To Know: PayPal...

Paypal Holdings Inc (NASDAQ: PYPL) shares dropped roughly 10% following the company's second-quarter earnings, but Bank of America analyst Jason Kupferberg says investors shouldn’t hesitate to buy the dip in the digital payment giant. New Venmo Features: Kupferberg said PayPal has...

Payments mobile application Venmo — owned by fintech giant PayPal Holdings Inc. (NASDAQ: PYPL) — now allows users to automatically buy cryptocurrency using their cash back. What Happened: According to a Tuesday PayPal announcement, the feature is meant to be a new...