Enrique Lores is leading the operational turnaround of PayPal, with Venmo identified as a key growth driver for the company.
6 reports, 2 independent
Updated Mon 00:00
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- 6
- Developments
- 2
- Repetition
- 67%
New informationRepeats or wire copies
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What happened
Enrique Lores is leading the operational turnaround of PayPal, with Venmo identified as a key growth driver for the company.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Keep exploring
The entities involved
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PayPal
American worldwide online payments system
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Enrique Lores
Spanish American businessperson and board member, CEO of HP Inc.
Nothing else this week.
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Venmo
mobile payment service owned by PayPal
Related events
- Venmo drives PayPal's mobile payment growth as the fintech sector heats up, with Apple mobile wallets posing a threat to PayPal's core business.
- Venmo's faster growth is driving lower transaction take rates, coinciding with a deep stock drawdown caused by FED tightening.
- Buy now, pay later companies are gaining market share, and Enrique Lores was brought in to lead a company turnaround.
- PayPal announces leadership changes and strategic pivots, including appointing Enrique Lores and striking a new agentic commerce deal.
- Venmo and PayPal were used by the Rotary Club for transactions on September 11th.
Coverage
Newest first; wire copies grouped- fool.com
- yahoo.com
- fool.com
- yahoo.comPayPal shares rise as earnings beat estimates and company lifts 2026 outlook
- fool.com