CompetitionGrowing competition from Square, Apple Pay, and BNPL firms could present a threat to PayPal’s dominance.
Financial PerformanceShares have been pressured by investor concerns around market share losses, an aggressive pricing environment in unbranded processing, and slowing e-commerce growth.
Product PerformanceVenmo's pace of merchant adds had slowed in 2Q, to just 4 net new merchants, compared to 9 in 1Q24 and 10 in 4Q23.