[ad_1] Financial-technology companies have rallied in 2023 even as rates rose. Some could now face risks from falling rates, as well as stepped-up competition. Higher rates did hit “fintech” stocks…
Tag: PayPal Holdings
Fintechs Look to Cost Cuts and Layoffs
[ad_1] PayPal and Block said they would trim their expenses, as high interest rates have put many financial-tech companies in a tight spot. [ad_2] Source link
Higher for Longer Interest Rates Threaten Fintech
[ad_1] Shares of Affirm, Block and PayPal have fallen since the Federal Reserve’s announcement. [ad_2] Source link
Digital Payments Can’t Serve Up a Free Lunch
[ad_1] Though stock markets have been merciless with ‘paytech’ firm Adyen, they are right to fear a more cutthroat environment in digital payments. [ad_2] Source link
Dan Schulman Took PayPal to New Heights. He’s Having a Bumpy Landing.
[ad_1] With the company’s market value having plunged nearly $300 billion since its July 2021 peak, CEO Dan Schulman is relinquishing the reins after nine years. [ad_2] Source link
PayPal Names Intuit Executive Alex Chriss as Next CEO, Replacing Dan Schulman
[ad_1] What to Read Next [ad_2] Source link
How Today’s Teens Get More Financial Firepower Than Past Generations
[ad_1] Teen accounts on payment apps offer financial freedom with oversight. [ad_2] Source link
The New Financial Rite of Passage for Teens—and Their Parents
[ad_1] Teen accounts on payment apps offer financial freedom with oversight. [ad_2] Source link