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: Whales have become bullish on PayPal Holdings, signaling increased confidence among wealthy investors despite a recent downgrade by BofA Securities that lowered the price target from $93 to $68. Additionally, Tashella Dickerson, the director of Black Lives Matter Oklahoma City, faces charges for allegedly diverting over $3.15 million from the group's funds.
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