What The Chip Happened - Jose Najarro AI & Chip Stocks cover image

Is Paypal Stock The Best Fintech To Buy in 2023?

What The Chip Happened - Jose Najarro AI & Chip Stocks

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The Growth of PayPal

In 2022, TPV for Venmo reached $250 billion, a 7% year-over-year increase after a 40% growth in 2021. PayPal's BuyNow Pay Later products maintain strong momentum with over $20 billion total process volume in 2022. PPCP is a more generic ad-scale platform for channel partners with small medium businesses offering an alternative to BrainTree's enterprise-focused approach. In conclusion, the growth potential of Braintree, PayPal's complete payment, PPCP initiative, and company's strong financial performance make it a compelling stock for me to consider.

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