Venmo

The Detroit Fintech Academy kicked off last month with 200 students at the city’s Southeastern High School. The initiative was launched by the Detroit Fintech Association, a nonprofit trade organization founded by Benzinga CEO Jason Raznick. The fintech academy is intended to address a lack...

Paypal Holdings Inc (NASDAQ: PYPL) reported third-quarter results Wednesday that beat estimates and prompted multiple Street analysts to reaffirm bullish stances.  The Analysts Wells Fargo analyst Timothy Willi maintained an Overweight rating on PayPal's stock with a $135...

On a broad scale, the fintech space is both diversifying and growing quickly both nationally and beyond. The payments space specifically continues to reap new and innovative technology to aid in everyday money management. Ahead of the Benzinga Global Fintech Awards on Nov. 19 in New York City, the...

If you’re looking to transfer money from one bank to another, there are several apps that make this chord effortless. Through online banking, transferring money between bank accounts has been easier than ever before through the use of a few applications. By getting your payments in on time,...

Facebook, Inc. (NASDAQ: FB)'s upcoming digital currency Libra is a "benefit" for Bitcoin, not a direct competitor, Bart Smith, Susquehanna International Group's head of digital assets, told CNBC Monday. What Happened Unlike Bitcoin, Libra is a digital token backed by fiat currency...

Shares of Paypal Holdings Inc (NASDAQ: PYPL) have gained nearly 25 percent over the past year and 45 percent since December, but BTIG says the stock remains undervalued. The Analyst BTIG's Mark Palmer maintains a Buy rating on PayPal with a price target lifted from $114 to $130. The Thesis...

Wall Street liked Paypal Holdings, Inc. (NASDAQ: PYPL)’s quarterly print, as investors boosted the payment company’s stock to a new 52-week high Thursday and sell-side analysts praised continuing growth in mobile payment platform Venmo. PayPal’s latest quarterly results were...

American Express Company (NYSE: AXP) is up 17 percent year to date, and its optimism for a strong 2019 certainly made an impression at this week’s Investor Day. The Ratings Guggenheim analyst Jeff Cantwell maintained a Neutral rating on the stock, while Wells Fargo analyst Donald Fandetti...

In the age of a financial technology takeover, top fintech players are constantly creating new ways for consumers to send payments not only in the U.S., but around the world in a matter of minutes. For businesses, however, the options for global payments are not as prevalent. With the help of...

Square Inc (NASDAQ: SQ) is off to a red-hot start to 2019, but one Wall Street analyst said Tuesday that the latest payment app download data suggest there’s good reason for the stock’s positive momentum. The Analyst Nomura Instinet analyst Dan Dolev reiterated a Buy rating on...

PayPal, Inc. (NASDAQ: PYPL) stock tumbled more than 4.5 percent Thursday  after the company reported a decline in quarterly profit. PayPal earned 69 cents per share in the fourth quarter, slightly ahead of analyst estimates of 67 cents. Net income for the quarter was $584 million, down from $...

Streaming video service Hulu plans to accept Pay with PayPal Holdings Inc. (NASDAQ: PYPL)-owned Venmo for subscription payments on new accounts.  The Analysts Bank of America Merrill Lynch analyst Jason Kupferberg maintained a Buy rating on PayPal with a $102 price target.  UBS...

Square, Inc. (NYSE: SQ) reported third-quarter earnings Nov. 7 that beat estimates for both sales and earnings. The company raised its fourth-quarter guidance and conducted investor relations meetings in New York City. The Analyst Nomura analyst Dan Dolev maintained a Buy rating on Square and...

Many of the recent advancements in payment services and financial technology can be attributed to a pair of college students and their innovative idea for splitting checks. Founded in 2009, roommates Andrew Kortina and Iqram Magdon-Ismail developed Venmo, a new solution to traditional transaction...