Account

The Actual News

Just the Facts, from multiple news sources.

PayPal CEO Says the 'Granddaddy of Fintech' is Ready to Disrupt Itself

PayPal CEO Says the 'Granddaddy of Fintech' is Ready to Disrupt Itself

Summary

PayPal's CEO Alex Chriss is working to ensure the company stays a leader in the financial technology industry. He aims to disrupt the industry by encouraging innovation and improving customer service. PayPal continues to offer popular services like secure money transfers and new features in digital commerce.

Key Facts

  • PayPal is a major player in the world of online payments and money transactions.
  • The company started in 1999 and bought Venmo in 2012 to boost its services.
  • Alex Chriss became PayPal's CEO in 2023 and plans to keep the company innovative.
  • PayPal aims to revolutionize global commerce with bold strategies.
  • Users can use PayPal to send/receive money, pay for goods, and manage cryptocurrencies.
  • PayPal ensures secure transactions through features like fraud monitoring and data encryption.
  • Chriss introduced new leadership to help guide the company's future direction.
  • Suzan Kereere, president of global markets, manages growth strategies worldwide.

Source Information