$PayPal(PYPL)$

Some Positives about PayPal:
> Venmo revenue growing every quarter
> Buy Now Pay Later option added
> Venmo is now offering goods and services option
> Honey acquisition is now being utilized on Venmo “DEALS” feature.
> Acquired Paidy in September which is a Japanese Unicorn. This was a great acquisition. They are a Japanese leader and this will increase market share.
>PayPal savings account are coming soon. Earn interest and watch your money grow. No minimum amount needed.
> Crypto part of their business has taken off.
> PayPal/Venmo has 2x as many active users than Coinbase. And it’s only been around since April.
> Owns 5% of $MELI (Mercado Libre).
> 403 Million active accounts and growing. Apple Pay has around 40 Million to put it in perspective.
> 30 Million merchant accounts. SHOP/Shopify has two million to put it in perspective
> Venmo had 58% growth in volume last quarter.
> Venmo is 20% of PayPal and continues to grow along.
> Goods and services fee has increased from 3% to 3.5% (15% increase. G&S is 15% of their business)
> 89% conversion vs 50-55% credit cards on check out.
> You'll be able to pay for purchases with Venmo on Amazon next year.
> WALMART NOW PRESENTS PAYPAL AS A CHECKOUT OPTION FOR BOTH GROCERY AND MARKETPLACE!
PayPal is revolutionizing how we do business/finance online. If you own a small business and you sell a product/service online you most likely get paid in paypal. It’s the king. Millennials prefer to use Venmo, and other demographics use paypal. By getting involved in the buy now pay later space they are taking advantage of one of the growth markets to be in.
No bad news has came out about PayPal. This is a FANTASTIC company with LOADS of potential over the next 10 years. The king of online payments. Building a super app.