Recently, PayPal Holdings (PYPL 0.80%) has diversified into a number of new revenue streams, including cross-border remittances and foreign currency exchange, as it seeks to lessen its dependence on transaction processing. In the accompanying slideshow, we take a look at one emerging side business in the company's revenue arsenal: lending. To learn about this activity -- to which PayPal is devoting substantial resources -- simply click through the presentation below.
PayPal Holdings Inc's Lending Business Grows
By Asit Sharma
-
Apr 6, 2016 at 7:05PM
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NASDAQ: PYPL
PayPal Holdings, Inc.
Market Cap
$94B
Today's Change
(0.80%) $0.64
Current Price
$81.18
Price as of May 23, 2022, 4:00 p.m. ET
PayPal Holdings Inc is scaling up its lending operations. Let's delve into this fascinating part of the company's business strategy.
Stocks Mentioned
PayPal Holdings, Inc.
PYPL
$81.18
(0.80%)
$0.64
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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