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PayPal Looks to Stock Trading, Savings in Push Past Checkout

  • Payments giant’s features meant to increase user engagement
  • Firm says its on track to notch $50 billion in revenue in 2025
PayPal Holdings Inc. Illustrations Ahead Of Earnings Figures
Photographer: Gabby Jones/Bloomberg
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PayPal Holdings Inc. is weighing a foray into stock trading and high-yield savings accounts as the firm pushes beyond its iconic checkout button.

The payments giant expects the number of active users on its sprawling platform to climb to 750 million by the end of 2025 -- roughly double the current level -- as it expands into new areas of financial services, Chief Executive Officer Dan Schulman said Thursday at the company’s investor day. With its latest plans, PayPal aims to become the world’s next financial super-app, akin to Chinese firms Alipay and WeChat Pay.