PayPal’s (PYPL) Venmo is set to become an even more formidable player in the payments space in the next several years, according to Bank of America.
In the past year, PayPal has evolved beyond its early peer-to-peer payments capabilities, rolling out new features including a Venmo credit card and cryptocurrency trading. The company has also eyed introducing high-yield savings accounts and budgeting tools. And on Monday, CNBC reported that PayPal is looking to roll out a stock-trading…
Source link
