PayPal reorganized into units, including Venmo, and William Blair provided a research note on the company.
1 report, 1 independent
Updated Jun 17
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
PayPal reorganized into units, including Venmo, and William Blair provided a research note on the company.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- PayPal appointed Enrique Lores as President and CEO and named Jamie Miller as CFO as part of its three-business operating model.Sub-event
PayPal undergoes major corporate reorganization, integrating Venmo into new units.1 source
- PayPal is a San Jose-based company, and its peer-to-peer service Venmo is linked to a Mastercard debit card.Sub-event
Keep exploring
The entities involved
Related events
- Venmo and PayPal were used by the Rotary Club for transactions on September 11th.
- 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.
- Customers are given the option to use either Venmo or PayPal for making payments.
- Venmo's faster growth is driving lower transaction take rates, coinciding with a deep stock drawdown caused by FED tightening.
- PayPal and Venmo announced an integration for campus payments, a partnership welcomed by the Big Ten Commissioner.