Enrique Lores

“Enrique Lores took over as PayPal's CEO this past March, promising an aggressive turnaround plan that's still more framework than roadmap.”

“The implication is that the deal falling apart may be opportunity rather than disaster — Lores now has the runway to execute without an acquirer's constraints. The price drop may be an overreaction if the turnaround thesis is credible.”

“Stripe Wants PayPal... Who better than Stripe? And maybe Jack Dorsey plays a role here... I think it's a shot across the bow for Visa and MasterCard.”

“The new CEO, by the way, Enrique is really aces. I've met him before and they're doing a great job. And apparently, which is why they probably got these offers because they've been tightening that business up for the last couple of years.”

“PayPal Ventures is shutting down and may sell off some of its portfolio on the secondary market... It was one of fintech's most active corporate venture investors, pumping more than $850 million into companies like Anchorage Digital, Divvy, and Plaid.”