PYPL has been in the news 375% more than usual
Feb 03, 2026, 5:32 PM
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What does PYPL do
PayPal Holdings, headquartered in San Jose, California, employs 27,200 people and provides digital payment solutions for merchants and consumers via its platform, boasting 426 million active accounts globally. The company, which went public in 2015, operates brands like PayPal, Venmo, and Braintree, facilitating transactions through various funding sources.
PYPL has been in the news recently: PayPal Holdings named Enrique Lores President and CEO effective March 1, 2026, with Jamie Miller serving as interim CEO and David W. Dorman as independent board chair. On Feb. 3, 2026, UpdatePromise integrated PayPal and Venmo — including Buy Now, Pay Later — into its service lane to speed approvals and reduce friction, a move announced amid broader market volatility such as Disney’s recent revenue-driven stock rise.
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