- Market Realist•29 days ago
PayPal (PYPL) exhibited strong growth in its user base. Its number of active accounts rose by 11% YoY (year-over-year) to 188 million in 2Q16.
- Reuters•4 months ago
Digital money transfer companies including PayPal Holdings are rushing to grab a share of Australia's $35 billion remittance market, hoping to plug a vacuum left by the major domestic banks' exit from the space last year. U.S.-listed PayPal intends to roll out its online remitting platform Xoom into Australia soon, senior executives told Reuters, while U.K.-based WorldRemit in April said it had chosen Australia as its Asia-Pacific base.
- Business Wire•4 months ago
Xoom, a leading digital money transfer provider, today announced it soon will have expanded into 13 more countries since the beginning of 2016. This development marks Xoom’s expansive global reach in total 53 countries.