Make your money go further for just 25p per day

PayPal is back on track

Person using PayPal to make purchase on computer

PayPal is in our portfolio because it is a quality tech giant with fast growth engine at its core. All the updates needed to track the progress of this quality company are in this update.

The price increase delay and slower than expected roll-out in Latin America which stumped PayPal's (US: PYPL) expectations at the interim stage seem to have been forgotten. Third quarter financial results beat expectations across the board, sending the share price up sharply. 

In the three months to September 2019, PayPal became the first international payments company to gain a license in China, which helped it add 9.8m new customers in the period (more than the 9m added…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login

Previous article Next article

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world


Become a Champion Investor for just £90 a year.


More on PayPal

Ultimate Stocks: counting the cost of isolation

14/04/2020 · Portfolio

When officials in China put the city of Wuhan into lockdown in an attempt to curb…

Visa vs PayPal: the power of fintech

31/01/2020 · Portfolio

Fintech is a hot topic in 2020. Investors clearly agree with the share prices of Visa,…