PayPal: Venmo Credit Card Is The Key To Growth
PayPalPayPal(US:PYPL) Seeking Alpha·2024-01-12 14:53

Justin Sullivan Investment Thesis I believe the buy thesis for PayPal (NASDAQ:PYPL) is centered around the growth of their Venmo Credit Card. In my opinion, this is a strategic move to capitalize on and monetize its extensive Venmo user base, alleviating one of the street's biggest concerns around the stock. Venmo's credit card, with its attractive cash-back offerings and the backing of Visa (V), enhances both its acceptance and appeal, aligning well with PayPal's existing reputation among international mer ...

PayPal: Venmo Credit Card Is The Key To Growth - Reportify