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Should Facebook Buy eBay?

PYMNTS

Four years later, in 2002, eBay announced that it would buy PayPal for $1.5 In 2012, eBay CEO John Donahoe , who had taken over from Meg Whitman in 2008 , more or less told retailers that “Amazon is your enemy, eBay is your friend” to persuade them to upload their product catalogues to branded eBay storefronts. That was down from 23.8

PayPal 51
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The iPhone Is No Longer The Majority Of Apple’s Sales

PYMNTS

After being the majority of Apple ’s revenue since 2012, the iPhone accounted for only 48.3 Based on June quarter performance, Apple Pay is now adding more new users than PayPal and monthly transaction volume is growing four times as fast.”. It’s been a good run, but even the iPhone couldn’t stay in the top spot forever.

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A Look at the First Week of Nasdaq’s Fintech Index

Fintech Labs Insights

FinovateFall 2012 demo. PayPal (PYPL). FinovateEurope 2012 demo. FinovateFall 2012 demo. Finovate and FinDEVr alums listed in the index include: ACI Worldwide (ACIW). FinovateFall 2011 demo. American Express (AXP). FinDEVr Silicon Valley 2015 presentation. Blackhawk Network (HAWK). Envestnet (ENV). Equifax (EFX).

FinTech 19
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Squaring The Circle That Is Square

PYMNTS

So, while McKelvey lost out on that $2,000 sale — he and his (friend) and Co-Founder Jack Dorsey — the founder of Twitter — did end up with a $17 billion idea (Square’s market cap at the time this piece went to press). As we all know, the Square Starbucks deal did not cause acquirers to disappear or PayPal to rapidly fold up its tent.

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The 134 Fintech Unicorns of the 21st Century (Jan 2021 update)

Fintech Labs Insights

The startups is expecting to go public in early 2021 via a SPAC with an estimated market cap of $1.3B. But given it’s position as powering alternative energy lending at the POS, it seemed to be more the former. Full Fintech Unicorn List. values as of 2 Feb 2021). Value Date. 2-feb-2021. United States. Ant Technology. 2018 round. 2-feb-2021.

FinTech 15
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The 134 Fintech Unicorns of the 21st Century (Feb 2021 update)

Fintech Labs Insights

The startups is expecting to go public in early 2021 via a SPAC with an estimated market cap of $1.3B. But given it’s position as powering alternative energy lending at the POS, it seemed to be more the former. Full Fintech Unicorn List. values as of 2 Feb 2021). Value Date. 2-feb-2021. United States. Ant Technology. 2018 round. 2-feb-2021.

FinTech 15
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Decoupled Debit — Again?

PYMNTS

Creating a product that pulled funds from depository accounts at other issuers and was accepted at any Mastercard-accepting merchant gave Cap One something new to offer consumers – and a new business model around which to build rewards to get consumers on board. Banks that issue network-branded cards, PayPal and Amazon round out the top five.

ACH 73