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: Klarna has secured an exclusive partnership with Walmart to provide buy now, pay later loans, moving away from its previous collaboration with Affirm. This shift comes as Klarna prepares for an anticipated IPO valued at $15 billion, highlighting the competitive landscape in the payment and lending industry, which includes entities like PayPal Holdings.
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