Here's why PayPal is Worth a Look in the Medium Term!
PayPal's new management strategy is underway and has already improved key metrics. The company is leaner, more focused, and is expected to benefit from declining interest rates this year.
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In the fourth quarter, PayPal (i) managed to increase the number of active accounts again (reaching approximately 434 million) and drive improvements in brand checkout and Venmo monetization. Financially, the entire fiscal year 2024 saw an increase in Total Payment Volume (TPV) of 10% to nearly $1.7 trillion, contributing to a revenue growth of 7% to $32 billion. The transaction margin (a key profitability metric for PayPal) rose by approximately 5% year-over-year. The company continues to focus on innovations and aims to enhance user experience...
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