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: OKX has integrated with PayPal to enable fee-free crypto purchases and deposits for users in the EEA for one month. Additionally, analysts have noted that PayPal's stock rose 3.5% as concerns over JPMorgan's planned fees for data aggregators were deemed unlikely to affect larger fintech companies.
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