PayPal is confirmed to be based in San Jose, while SoFi's stock surge rallied PayPal.
1 report, 1 independent
Updated Sep 4
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What happened
PayPal is confirmed to be based in San Jose, while SoFi's stock surge rallied PayPal.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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San Jose
city and county seat of Santa Clara County, California, United States
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PayPal
American worldwide online payments system
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SoFi
American financial services company
- SoFi lost a major client, Chime, due to its own charter pursuit, and Fed rate hikes are increasing deposit costs and affecting loan demand.
- Nvidia CEO Jensen Huang spoke at a conference in Seoul. Meanwhile, Anthony Noto bought SoFi stock, Elon Musk purchased Tesla stock, and Jamie Dimon bought shares of JPMorgan Chase.
Related events
- Investors used SoFi to trade Coca-Cola stock on August 19, 2026.
- Morgan Stanley and Geode Capital Management acquired positions in SoFi shares, concurrent with insider sales disclosures to the SEC.
- PayPal established a venture arm following an eBay fintech spin-off, amidst competitive pressure from tech giants like Stripe.