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PayPal reports Q3 revenue of $5.46B, up 25% YoY, as it adds 15.2M net new active accounts; Venmo's total processed payment volume rises 61% YoY to $44B

PayPal said it processed a record-setting $247 billion in total payment volume during the quarter.  —  PayPal on Monday delivered …

ZDNet Natalie Gagliordi

Discussion

  • @tmfjmo Jason A. Moser on x
    PayPal during January's Q4 earnings call: “In 2020, we expect to add approximately 35 million net new active accounts (NNAs), inclusive of our acquisitions.” Today's Q3 release: “Approximately 70 million NNAs expected to be added to PayPal's platform in FY'20” $PYPL https://twitt…