Published September 03, 2021 | View complete press releases list |
Date: September 03, 2021
Categories: Financial Technology
Keywords:
Paypal is exploring the possibility of launching a platform to trade individual stocks. The company has already rolled out the ability to trade cryptocurrencies last year in the US and more recently in the UK. The move comes amid a retail trading boom, with more than 10 million new investors having entered the market in the first half of 2021. Dan Schulman, CEO of Paypal, has previously commented at the company’s investor day in February that the long-term vision for the company would include many more financial services, including “investment capabilities”.
Re-disseminated by The Asian Banker from Paypal with additional news coverage from CNBC
Paypal is exploring the possibility of launching a platform to trade individual stocks. The company has already rolled out the ability to trade cryptocurrencies last year in the US and more recently in the UK. The move comes amid a retail trading boom, with more than 10 million new investors having entered the market in the first half of 2021. Dan Schulman, CEO of Paypal, has previously commented at the company’s investor day in February that the long-term vision for the company would include many more financial services, including “investment capabilities”.
Re-disseminated by The Asian Banker from Paypal with additional news coverage from CNBC
