PayPal's solid Q1 2024 results show promising signs of transformation amidst the transition year 📈; SoFi's diversification strategy drives profitability amidst macro uncertainties 💸

FinTech is Eating the World, 30 April

Hey Everyone,

Good morning & Happy Wednesday! Today’s issue is especially exciting and packed. We’re going to dive deep into PayPal’s latest Q1 financials (analyzing the latest numbers, unpacking what they mean & see why we should continue being really, really bullish on PayPal + a bonus dive into another solid FinTech stock) and analyze SoFi’s latest performance (unpacking their latest numbers to see whether SoFi might be worth our time and money in 2024). Let’s jump straight into the interesting stuff 🌶

PayPal's solid Q1 2024 results show promising signs of transformation amidst the transition year 📈

Earnings time! 🤑 Finance giant PayPal PYPL 0.00%↑ just posted its Q1 2024 financial results demonstrating that the company is making steady progress in its transformation efforts under the leadership of CEO Alex Chriss.

Let’s take a deeper dive into this, crunch the latest numbers, unpack what they mean, and see why we should continue being really, really bullish on PayPal.