PayPal

Ticker PYPL. Payments company, owner of Venmo and PayPal Pay Later.

6 items in 3 issues, Oct 25, 2026 to Oct 28, 2026, newest first. Each item links to the issue it ran in, where its sources are listed.

October 2026

Wed, Oct 28 · Earnings
PayPal Q3. Reported Oct 27. Revenue $8.6B, up 2%; transaction margin dollars +2%; non-GAAP EPS $1.45 (+8%). TPV rose 6% to $487B. PayPal raised its FY non-GAAP EPS guide to ~$5.60 from ~$5.38 and bought back $1.5B of stock. PYMNTS reports BNPL payment volume up 25%. The stock barely moved, as top-line growth stays slow.
Read in the issue →
Mon, Oct 26 · The big story: EU credit rules for Klarna & PayPal (CCD2)
The loopholes close. Under the old directive, credit under EUR 200 and interest-free credit repaid within three months were exempt, which is how most BNPL operated outside credit law. Both exemptions are gone. What remains is narrow: a merchant's own interest-free deferral, paid within 50 days (14 days for large sellers). Briqpay's analysis says that generally falls away once a third party such as Klarna or PayPal provides the credit or buys the receivable.
Read in the issue →
Mon, Oct 26 · The big story: EU credit rules for Klarna & PayPal (CCD2)
Germany is ground zero. Germany passed its implementing law (Bundestag in April; Bundesrat approved), and BNPL providers come under BaFin supervision. It's Europe's largest BNPL market, an estimated ~USD 83B in 2026 (vendor estimate). Klarna has used SCHUFA data since 2023, and its pay-in-installments products can now show up as inquiries or contracts on consumer files. As of September it was unclear whether PayPal would report Pay Later installments to SCHUFA.
Read in the issue →
Mon, Oct 26 · The big story: EU credit rules for Klarna & PayPal (CCD2)
Pay in 30 days: the grey zone. German consumer guides say fee-free invoice purchases paid within 50 days stay exempt, while legal analyses say the exemption covers only a merchant's own credit. How regulators treat Klarna and PayPal 'pay in 30 days' invoices is the key open question for volumes. Watch for BaFin guidance.
Read in the issue →
Mon, Oct 26 · The big story: EU credit rules for Klarna & PayPal (CCD2)
The US angle. Europe is the template. CCD2 is where US state BNPL laws (New York's licensing regime, plus bills elsewhere) are heading: ability-to-repay checks, disclosures and supervision. Klarna (KLAR) and PayPal (PYPL) are the two listed names most exposed.
Read in the issue →
Sun, Oct 25 · Banks & charters
Charter wave. Block, Ramp, Avant and Modern Treasury have sought OCC charters in recent months, and Ramp applied the week before Sezzle. Context: Affirm applied for a Nevada ILC earlier in 2026, PayPal sought a Utah ILC in Dec 2025, and Upgrade filed for a Nevada ILC on Oct 12, 2026, naming ex-OCC and SoFi executive Virginia Varela as bank CEO.
Read in the issue →