Paypal was founded in 1998, It split from eBay in 2015, and added half of its over 400 plus million active accounts in the past 4.5 years.
It took nearly 20 years for Paypal to get to 600 billion TTV (time to value) but 2 years later they will do 1.25 trillion through the platform.
As the world has moved to online shopping it’s expected that this year 25% of retail sales will be online, up from 18% benefiting Paypal.
PayPal is the number 2 of the most trusted brand in the world, they keep your transactions, details safe and don’t sell that data.
Two new services that Paypal are offering are, Pay Now Pay Later which is exploding, it allows you to buy and pay over 4 smaller payment within 8 weeks. Also, PayPal Crypto lets your buy, hold, or sell Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.