• Market Realist29 days ago

    What Drives PayPal’s Active Consumer Accounts

    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.

  • Reuters4 months ago

    As Australian banks snub remitters, digital players emerge

    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 Wire4 months ago

    Xoom Expands to More Than a Dozen Countries

    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.