PayPal delivers strong Q4 results, but 2024 outlook (kinda) disappoints 🤔; Official: Mastercard makes strategic FinTech investment in Africa's MTN 🔴🟠; Nubank is simplifying passive investing 💸
FinTech is Eating the World, 9 February
Hey Everyone,
Good morning! We’re finishing another massive FinTech week on Saturday but it’s absolutely worth the wait. On today’s radar, we have PayPal which just delivered strong Q4 results (reviewing the most important numbers and see why you should still remain optimistic about PayPal long-term + some bonus dives), Mastercard which officially made strategic FinTech investment in Africa's largest mobile operator (why it’s a win-win + some bonus deep dives), and Nubank that’s simplifying passive investing with a new product launch (what it’s all about + a holistic view at NU). Let’s jump straight into the cool stuff 🌶
PayPal delivers strong Q4 results, but 2024 outlook (kinda) disappoints 🤔
Earnings call ☎️ Earlier this week, finance behemoth PayPal PYPL 0.00%↑ reported robust fourth-quarter financial results, beating expectations for revenue and earnings.
Nevertheless, many investors and analysts were rather disappointed and started to raise concerns about PayPal’s future.
Let’s take a look at PayPal’s most important numbers and see why you should still remain optimistic.