3 Reasons Why Square's Cash App Will Be Critical to Growth [The Motley Fool]
PayPal Holdings, Inc. (PYPL)
Last paypal holdings, inc. earnings: 1/29 04:15 pm
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Source: The Motley Fool
Shares of mobile payments company Square ( NYSE:SQ Despite this recent sell-off, the fin-tech company is coming off the strong momentum from its stellar fourth-quarter performance. During the quarter, Square posted sales growth Revenue up 7% Cash App generated $. billion of revenue in 09, good for 7% year-over-year growth, and gross profit was up % to $8 million. The mobile payment service ended the year with million monthly active users (MAUs), up from million in 08. Square does not charge individuals for personal payments, but it does levy a fee on businesses, which the company raised from .% to .7%. The latest shareholder letter Image source: Getty Images. Square has also launched several new products, enhanced app features, and redesigned the interface that has helped Cash App gain customers over the years. Its daily active customers rose 80% year over year in the fourth quarter, which was even higher than its MAU growth. Equity investing takes off In the fourth quarter, Square
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PYPL
News
- Stripe Unlocks Its All-or-Nothing Payment Processing Approach [BNN Bloomberg (Canada)]BNN Bloomberg
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- Airwallex Expands Payment Acceptance to the U.S., Cementing Its Position as a Leading One-Stop Financial Platform for Borderless Businesses [Yahoo! Finance]Yahoo! Finance
- Reselling Tickets for Taylor Swift's Tour and Other Popular Events Can Mean Big Money. The IRS Is Aware [CNET News]CNET News
PYPL
Earnings
- 2/7/24 - Beat
PYPL
Sec Filings
- 4/17/24 - Form PX14A6G
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- PYPL's page on the SEC website