PYPL

YieldMax™ ETFs Announces Monthly Distributions on MSTY (120.57%), CONY (119.30%), NVDY (106.86%), AMDY (65.04%), FBY (61.10%) and Others

Retrieved on: 
Wednesday, April 3, 2024

The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.

Key Points: 
  • The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.
  • The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs.
  • Distributions for the ETFs (if any) are variable and may vary significantly from month to month and may be zero.
  • If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

Fintech Market Size Projected To Grow To $882 Billion By 2030 as Advanced Technologies & Services Expand

Retrieved on: 
Tuesday, March 19, 2024

These services are typically delivered over the cloud, allowing other companies to integrate and use financial technology capabilities without developing these technologies in-house.

Key Points: 
  • These services are typically delivered over the cloud, allowing other companies to integrate and use financial technology capabilities without developing these technologies in-house.
  • A report from Fortune Business Insights projected that the fintech market size is projected to grow to USD 882.30 billion by 2030, exhibiting a CAGR of 17% during the forecast period (2023-2030).
  • Fortune Business Insights continued: “Moreover, the economic impact of the pandemic led to an increased demand for lending and credit services.
  • North America is leading the fintech market share globally with market value of USD 89.61 billion in 2022.

PayPal Plans to Appoint Carmine Di Sibio to Board of Directors 

Retrieved on: 
Thursday, March 28, 2024

SAN JOSE, Calif., March 28, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its Board of Directors intends to appoint Carmine Di Sibio, outgoing Global Chairman and CEO of EY, to the Board as an independent director, effective July 1, 2024.   

Key Points: 
  • Board intends to appoint Carmine Di Sibio, EY's outgoing Global Chairman and CEO, as an independent director, effective July 2024
    SAN JOSE, Calif., March 28, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its Board of Directors intends to appoint Carmine Di Sibio, outgoing Global Chairman and CEO of EY, to the Board as an independent director, effective July 1, 2024.
  • Di Sibio has been with EY, one of the largest professional services organizations in the world with more than 380,000 people in 150 countries, since 1985.
  • In accordance with EY policy and practice, he is only able to join a public company board upon his retirement.
  • "We want to thank Belinda for her contribution and service to PayPal and the Board over the past seven years," said John Donahoe, Chair of the PayPal Board of Directors.

PayPal Names Aaron J. Webster as Executive Vice President, Chief Enterprise Services Officer

Retrieved on: 
Wednesday, March 13, 2024

SAN JOSE, Calif., March 13, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the appointment of Aaron J. Webster as Executive Vice President, Chief Enterprise Services Officer, effective March 18.

Key Points: 
  • SAN JOSE, Calif., March 13, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the appointment of Aaron J. Webster as Executive Vice President, Chief Enterprise Services Officer, effective March 18.
  • "Aaron is a highly respected executive with extensive experience leading risk management and global operations for some of the world's most recognized companies," said Alex Chriss, President and CEO, PayPal.
  • I'm confident that Aaron will bring tremendous value and leadership to PayPal as we continue to grow and evolve."
  • Aaron joins PayPal from SoFi, where he was most recently Chief Risk Officer, Global Head of Operations and Latin America.

YieldMax™ ETFs Announces Monthly Distributions on NVDY (101.70%), CONY (74.88%), AIYY (70.25%), AMDY (69.08%), MRNY (66.96%) and Others

Retrieved on: 
Tuesday, March 5, 2024

The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.

Key Points: 
  • The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.
  • The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs.
  • Distributions for the ETFs (if any) are variable and may vary significantly from month to month and may be zero.
  • If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

Tap to Pay on iPhone Now Available for Venmo and PayPal Zettle Businesses in the U.S.

Retrieved on: 
Thursday, March 7, 2024

SAN JOSE, Calif., March 7, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that Tap to Pay on iPhone is now available for all Venmo business profile and PayPal Zettle users in the U.S., enabling them to accept contactless card and digital wallet payments directly on their iPhones with no additional cost or hardware. This is the latest development in PayPal's ongoing efforts to help small businesses sell more, grow their business, and manage their finances more efficiently.  

Key Points: 
  • Tap to Pay on iPhone is now live for all Venmo business profile and PayPal Zettle users in the U.S.
    SAN JOSE, Calif., March 7, 2024 /PRNewswire/ -- PayPal Holdings, Inc .
  • With Tap to Pay on iPhone, PayPal is helping millions of small businesses adapt to this shift in consumer behavior in a fast, easy, and more affordable way.
  • Venmo business profile and PayPal Zettle users like Saint Paul Spice Company and The Cheesecake Queen are already seeing success with Tap to Pay on iPhone.
  • My customers are actually amazed at the Tap to Pay on iPhone option provided through Venmo, it's by far the smoothest, easiest transaction method I've ever used!"

PayPal Names Amy Bonitatibus as Chief Corporate Affairs and Communications Officer

Retrieved on: 
Wednesday, March 6, 2024

SAN JOSE, Calif., March 6, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that Amy Bonitatibus has been named Chief Corporate Affairs and Communications Officer, effective May 28, 2024. Bonitatibus will report to Diego Scotti, Executive Vice President, Consumer Group & Global Marketing and Communications. Bonitatibus will be responsible for leading the Global Communications team and social impact and sustainability efforts across PayPal's family of brands, including Venmo. 

Key Points: 
  • SAN JOSE, Calif., March 6, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that Amy Bonitatibus has been named Chief Corporate Affairs and Communications Officer, effective May 28, 2024.
  • "Amy is an exceptional corporate affairs leader with a diversity of experience leading high-performing communications teams and shaping reputation for some of the most well-known brands," said Scotti.
  • Amy joins us from Wells Fargo where she was the Chief Communications Officer.
  • Prior to Wells Fargo, Amy was with JPMorgan Chase and held several senior marketing and communications positions, including Chief Communications Officer of Chase.

WELL Health Founder & CEO Hamed Shahbazi Appointed Chairman of the Board of HEALWELL AI

Retrieved on: 
Tuesday, February 27, 2024

Hamed Shahbazi, Founder, Chairman and CEO of WELL Health Technologies has been appointed Chairman of HEALWELL AI, a global leader in AI powered preventative care.

Key Points: 
  • Hamed Shahbazi, Founder, Chairman and CEO of WELL Health Technologies has been appointed Chairman of HEALWELL AI, a global leader in AI powered preventative care.
  • Mr. Hamed Shahbazi is currently the Chairman and CEO of WELL, Canada's largest owner operator of outpatient medical clinics and leading digital health service providing software and services to more than one third of all Canadian physicians.
  • Mr. Shahbazi has served on the Board of HEALWELL since its launch on October 1, 2023.
  • Hamed Shahbazi, Founder and CEO of WELL commented on his appointment, "As a co-founder of HEALWELL, I am personally very proud and excited to take on the role of Chairman for HEALWELL AI given the enormous importance of the shared mission and objective we have between WELL and HEALWELL.

Geoff Seeley Joins PayPal as Chief Marketing Officer

Retrieved on: 
Monday, February 26, 2024

SAN JOSE, Calif., Feb. 26, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced Geoff Seeley has joined the company as Chief Marketing Officer (CMO), reporting to Diego Scotti, Executive Vice President (EVP) and General Manager (GM) of Consumer Group and Global Marketing & Communications. Seeley brings over 25 years in global brand, digital, and performance marketing while building teams to drive transformative marketing models. Seeley was most recently the Global CMO and Communications Officer at CashApp and Afterpay.  

Key Points: 
  • Seeley brings over 25 years of global brand, digital, and performance marketing expertise to PayPal and its family of brands, including Venmo
    SAN JOSE, Calif., Feb. 26, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced Geoff Seeley has joined the company as Chief Marketing Officer (CMO), reporting to Diego Scotti, Executive Vice President (EVP) and General Manager (GM) of Consumer Group and Global Marketing & Communications.
  • Seeley brings over 25 years in global brand, digital, and performance marketing while building teams to drive transformative marketing models.
  • Seeley previously worked on Airbnb's Homes business, where he had responsibilities across regional brand marketing, product marketing, global media, brand partnerships, marketing analytics, and research.
  • Seeley assumes the role of Chief Marketing Officer effective today, February 26, 2024.

PayPal Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 7, 2024

SAN JOSE, Calif., Feb. 7, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its fourth quarter and full year 2023 results for the period ended December 31, 2023.

Key Points: 
  • SAN JOSE, Calif., Feb. 7, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its fourth quarter and full year 2023 results for the period ended December 31, 2023.
  • The earnings release and related materials discussing these results can be found on PayPal's investor relations website at https://investor.pypl.com/financials/quarterly-results/default.aspx .
  • PayPal Holdings, Inc. will host a conference call to discuss these results at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) today.
  • In addition, an archive of the webcast will be accessible for 90 days through the same link.