Fintech competition intensifies as major players like Amazon, PayPal, and Venmo see growth and expand strategic partnerships.

The entities involved

• Venmo →

  mobile payment service owned by PayPal

  • PayPal is a San Jose-based company, and its peer-to-peer service Venmo is linked to a Mastercard debit card.Sun 15:49
  • Deloitte's fastest-growing software company, coala association e.V., is attracting investment from firms connected to eBay and Venmo, including Chipotle and Cava.Sun 04:18
• Visa Inc. →

  American multinational financial services corporation

  • Morgan Stanley restated an overweight rating, Capital upped its target price, and TD Cowen reaffirmed a buy rating on Visa Inc.Mon 10:18
  • The Bank of Ghana maintained its policy rate while Visa and Access Bank launched a new payment service, coinciding with cocoa price adjustments in Ghana.Sat 18:37
• Amazon →

  American multinational technology company

  • Nvidia is expanding its platform deployment across major cloud providers, including Google Cloud and Microsoft Azure.Mon 17:31
  • Arianespace, a subsidiary of ArianeGroup, launched satellites for Amazon Leo constellation, supporting ESA's access to space.Mon 17:10
• PayPal →

  American worldwide online payments system

  • Musk serves as CEO of SpaceX, and investors are comparing SpaceX's potential gains to Tesla's past performance.Mon 07:39
  • Bryan Johnson sold his mobile-payment business, Braintree, to financial-technology firm PayPal.Mon 03:49

Related events

• Fintech competition is pressuring Global Payments market share, while a new client tour launches from Las Vegas.Aug 25
• 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.Aug 29
• Major payment companies like Visa, Mastercard, and PayPal are competing and expanding their reach in emerging markets.Jun 8