Investago TV | Stock of the week | PayPal
Despite expanding its ecosystem with Venmo, BNPL tools, and crypto services, PayPal struggled with user growth and declining transaction rates. Its annual transaction take rate dropped from 2.89% in 2015 to 1.76% in 2023. Dan Schulman's departure as CEO in 2023 marked a shift, with successor Alex Chriss focusing on enhancing transaction volume from existing users through new features like FastLane, Smart Receipts, and the Cash Pass rewards program.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 88.24% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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