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PayPal Holdings (PYPL) – Share price chart, background, and sentiment |
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PayPal Holdings is the name of a major American financial technology company, responsible for the eponymous online payments app alongside a host of other payments apps including Venmo and Xoom. With over 400 million active users, PayPal is one of the most successful companies of its type, and considered a classic tech investment.
Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
Originally founded as Confinity by a group of investors including Peter Thiel, PayPal initially focused on security for handheld apps. During the 2000s the company achieved considerable market success by operating as a payments provider, initially in close partnership with online shopping provider eBay.
PayPal is unusual in that it has undergone two separate IPOs: first in 2002, a success that saw eBay quickly acquiring a controlling stake and taking the company private, and again in its current form on the NASDAQ in 2015. The stock has seen significant gains since that date, and is regularly used as an investment in the overall financial technology sector.
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