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San Jose, California-based PayPal Holdings, Inc. (PYPL) is a leading global fintech company that provides digital and mobile payment solutions enabling consumers and merchants to send, receive, and manage money across online and in-person channels. With a market cap of $58.7 billion, PayPal operates a broad payments ecosystem that includes services like Venmo, Braintree, Xoom, and Honey, supporting e-commerce, peer-to-peer transfers, and global transactions.
Companies worth $10 billion or more are generally described as “large-cap stocks.” PayPal fits this bill perfectly. With billions in annual revenue and a large global user base, PayPal plays a key role in powering secure, seamless digital payments in today’s cashless economy.
