Investors like the idea of buying now. It is paying later that has them stressed out.With consumer borrowing and spending on the rise in recent months, shares of several card network providers and credit-card lenders have outperformed…
The comedown for
PayPal’s
PYPL 11.48%
once-highflying stock has been harsh, but a reset of expectations could cushion its landing.
PayPal said Wednesday…
Lots of tech entrepreneurs who strike gold splurge on trophy homes.
William Hockey
bought a bank.Northern California National Bank lacks the curb appeal of a mansion in Malibu or Marin—its sole branch abuts…
Walmart Inc. on Tuesday said it poached PayPal Holdings Inc.’s John Rainey to become its next chief financial officer.
The Bentonville, Ark.-based retail giant on Tuesday said…
Checkout.com didn’t raise money from outside investors until 2019. Today, it is one of the most valuable startups in the world.
The London-based digital-payments processor said it raised $1 billion in a…
With a deal to acquire Afterpay , Square won’t have to start calling itself Rectangle.
Given Square’s ambitions across banking and payments, one could have argued for any number of directions in a deal. It chose to do…
SYDNEY— Square Inc. has agreed to acquire Afterpay Ltd. in an all-stock deal worth around $29 billion, illustrating how financial technology companies are seeking scale to challenge banks for a bigger slice of the payments…
Venmo, the payments app owned by
PayPal Holdings Inc.,
PYPL -1.23%
will soon allow users to sell products and services on their personal accounts, for a fee.…