PayPal's business units, including Braintree, are facing intense competition from rivals like Stripe and Google Pay, while a new CEO is appointed.
1 report, 0 independent
Updated Jun 21
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What happened
PayPal's business units, including Braintree, are facing intense competition from rivals like Stripe and Google Pay, while a new CEO is appointed.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Google Pay
mobile payment application from Google
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PayPal
American worldwide online payments system
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Braintree
payment service provider and subsidiary of PayPal
Nothing else this week.
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Stripe
Irish-American payment technology company
Related events
- Venmo's faster growth is driving lower transaction take rates, coinciding with a deep stock drawdown caused by FED tightening.
- Rumors suggest Stripe is in talks to acquire PayPal, amid CEO comments regarding acquisition speculation and Advent International's potential involvement.
- The Financial Times reported a proposed $53 billion takeover of PayPal, noting combined entity potential with Stripe.
- Payment processors face industry-specific operational challenges, while advertising platforms restrict reach for niche industries.
- PayPal and Mastercard dominate global payment segments.
Coverage
Newest first; wire copies grouped- Unknown outlet