After a brief hiatus over the holidays, your favorite finance newsletter is back.
PayPal; Samantha Lee/Business Insider
While it’s tough to categorize anyone as a ‘winner’ as a result of the coronavirus, plenty of companies have done well during the pandemic.
PayPal is one example. The payments giant was well positioned as the world went increasingly digital back in March. Its stock price and market cap reached record highs thanks to new accounts and massive payment volumes.
A key to PayPal’s recent success is a result of CEO Dan Schulman’s decision to invest in his employees. That came following a financial-wellness survey of his workers that found many were barely making enough to save.
PJ Solomon; Greenberg Traurig; The Carlyle Group; Samantha Lee/Business Insider
Reed Alexander spoke to a dozen M&A experts, from bankers to investors and lawyers, about what to expect in 2021 as far as dealmaking. Here’s a great breakdown of all the different trends to keep an eye out for. Read the entire list here.
Speaking of deals, VCs are optimistic that dealmaking will keep rolling in 2021. As a result, they are eyeing some big exits. Shannen Balogh spoke to four investors about why they are so optimistic. Read more here.
And while we’re on the topic of 2021 trends, Carter Johnson took a look at what to expect from the biggest retail banks in the new year. From changes in leadership, to spinning off non-core businesses, 2021 should be an eventful year for consumer banking. Get the full rundown here.
Gambling has gone mainstream thanks to more states legalizing it. As a result, it was only a matter of time before Wall Street looked to get involved. Carter Johnson has a look at crypto exchange’s proposal to list future contracts tied to the outcome of NFL games. Read more here.
Manuel Velasquez / Getty
Shannen Balogh with a nice look at PayPal’s big bet on QR codes, and why it’s paying off. Read more about why analysts are so optimistic about how crucial it will be to the company’s growth. Check out the story here.