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PayPal is leading a payment company acquisition binge

John Detrixhe
PayPal is leading a payment company acquisition binge

PayPal is tearing through a flurry of payment company acquisitions, having snapped up four in just a five-week period this year. Investors are bullish on the sector as it combines Silicon Valley’s technology euphoria with a mega-trend shift to digital transactions. This year has already been a record for payment company deals, with $46 billion…