Tag: venmo

Users of PayPal’s Venmo app now can access their money instantly for a fee. However, traditional Venmo transfers are still fee-free.

While PayPal’s (PYPL) Venmo has been crushing its competition, PayPal recently launched Xoom’s digital remittance service in 32 European markets.

Alphabet’s (GOOGL) Waymo has sued a company going by the same name. This news comes after PayPal sued a startup, Lenmo, for illegal brand squatting.

PayPal’s (PYPL) second-quarter revenue rose 12% year-over-year to $4.31 billion, and its adjusted EPS jumped 47% YoY to $0.86.