PayPal is taking a notable step forward in the realm of consumer financing with its recent partnership with Blue Owl Capital, a move that could significantly benefit small business owners across the United States. Announced on September 24, 2025, this two-year agreement empowers Blue Owl-managed funds to purchase approximately $7 billion of PayPal’s “Pay in 4” buy now, pay later (BNPL) loans. This collaboration aims to enhance the flexibility and accessibility of payment options for consumers, ultimately im ...

PayPal Holdings, Inc. (NASDAQ: PYPL) is focused on enhancing digital payments and financial services in Asia and across Europe.From forging a credit partnership to supporting growth in emerging markets and backing European fintechs, recent updates underscore PayPal’s commitment to enabling more inclusive digital financial services.With the digital economy growing—global e-commerce sales projected to hit $8 trillion by 2027—these updates position PayPal as a payments enabler.Recently, PayPal entered a multi- ...

Key Takeaways PayPal's BNPL volume rose over 20% in Q2 2025, with monthly active accounts up 18% year over year.A two-year deal with Blue Owl will see $7B of U.S. BNPL receivables purchased.Ace Hardware saw a 35% PayPal sales boost and 7x higher order values since adopting BNPL.PayPal Holdings’ (PYPL) Buy Now, Pay Later (BNPL) feature is a major growth engine. The company’s BNPL is a fast-growing payment mode allowing consumers to purchase goods online and pay for them in interest-free installments over wee ...

What's at stake: Revolut is building a financial superapp and is seeking a broader U.K. license. Forward look: Meta is pushing new payments tech for WhatsApp in India. Expert quote: "This collaboration will empower financial leaders to make strategic decisions with unprecedented clarity," Nour Taher, co-founder and CEO of intella, which is working with Visa on Arabic language AI. PayPal has a new buyer for its Pay in 4 buy now/pay later loans. New York-based alternative asset manager Blue Owl Capital has ag ...

PayPal formed a two-year, multibillion-dollar pact with asset manager Blue Owl Capital.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Under the partnership, funds managed by Blue Owl will purchase roughly $7 billi ...

PayPal (PYPL) has had a tough run in 2025, with its stock sinking more than 20% year-to-date, underperforming the broader market. The combination of rising competition in the fintech space and macroeconomic uncertainty has pressured its shares. However, recent developments suggest that the company may be setting the stage for a significant recovery. PayPal’s Blue Owl Deal A key development is PayPal’s new partnership with Blue Owl Capital, a prominent alternative asset manager, which will help PYPL to li ...

PayPal Holdings, Inc. (NASDAQ:PYPL) and alternative asset manager Blue Owl Capital Inc. (NYSE:OWL) announced a two-year agreement on Wednesday under which funds managed by Blue Owl will purchase approximately $7 billion of buy now, pay later (BNPL) receivables originated by PayPal in the U.S. Under the arrangement, PayPal will continue to manage all customer-facing activities, including underwriting and servicing, for its U.S. Pay in 4 BNPL products. BNPL has been a strategic component of PayPal’s offerin ...

"PayPal's scale and deep relationships with its consumers allows it to make informed decisions when extending credit through Pay in 4," said Ivan Zinn, Head of Alternative Credit at Blue Owl. "We are thrilled to partner with a leader in the BNPL space to bring this high-quality asset to our portfolio." The transaction is already contemplated in PayPal's third quarter and full year 2025 guidance for GAAP and non-GAAP earnings per share, and non-GAAP transaction margin dollars announced on July 29, 2025. Abou ...

IPO表现与市场反应 - 公司以每股40美元定价发行 高于初始目标区间 首日交易溢价30%至52美元 标志着年度规模最大且最成功的市场进入之一[1] - 投资者对数字支付和金融服务领域成熟领导者的需求强劲 市场反应热烈[1] 增长战略与市场扩张 - 美国市场收入同比增长38% 显示在全球最大消费市场的有效执行力[2] - 商品交易总额(GMV)增长19%至312亿美元 反映交易处理规模显著扩张[2] - 活跃消费者基数达1.11亿 同比增长31% 商户网络扩展34%至79万家合作伙伴[3] - 与沃尔玛建立独家分期贷款服务合作 为零售巨头提供独家期限融资选项[5] - 与eBay将成功欧洲合作伙伴关系扩展至美国市场[5] - 整合Gap旗下品牌支付选项 包括Old Navy、Gap和Banana Republic[5] 财务表现与盈利能力 - 连续五个季度实现调整后营业利润 2025年第二季度达到2900万美元[6] - 当季净亏损5300万美元 主要包含2400万美元一次性租赁重组费用和2600万美元非现金股权激励[7] - 收入同比增长20% 而调整后运营费用仅增长3% 显示强劲经营杠杆效应[8] - 人均收入达到100万美元 体现卓越运营效率[8] 技术驱动与风险管理 - 人工智能优先战略推动效率提升 技术投资直接改善盈利能力[8] - 核心"4期支付"产品拖欠率降至0.89%的历史低点 显示风险管控有效平衡扩张与稳定[9] - 信贷损失拨备增加源于长期公平融资产品扩张 该类产品要求预期损失在前期计提[7] 业务转型与发展前景 - 从简单先买后付服务演进为复杂金融科技生态系统 具备多重增长杠杆[11] - 承销商将于2025年10月20日静默期结束后启动研究覆盖 可能提供额外股价催化剂[11] - 结合强劲增长、运营纪律和扩大市场份额 公司定位为全球数字商业领域重要参与者[11]

公司战略与业务模式 - 美国运通通过Plan It功能将BNPL服务整合至信用卡体验中 允许持卡人将100美元及以上消费拆分为按月付款 同时保留奖励积分和权益体系[1][2] - 公司采取闭环商业模式 通过BNPL趋势产生更多利息收入 同时与各类企业合作扩大在数字购物时代的影响力[3][4] - 战略定位不仅抵御BNPL颠覆 更旨在引领行业变革 实现98%的消费留存率[4] 财务表现与运营数据 - 2025年第二季度网络交易额同比增长7% 主要受益于BNPL整合与合作伙伴关系[4][8] - 2025年每股收益共识预期为15.26美元 较去年同期显著增长14.3%[11] - 年内股价下跌2.9% 同期行业增长3.8% 当前远期市盈率18.4倍 低于行业平均的20.6倍[7][10] 竞争对手动态 - PayPal2025年第二季度总支付量同比增长6% 活跃账户数达4.38亿 同比增长2% 通过Pay in 4和Pay monthly功能强化BNPL布局[5] - Affirm2025财年第三季度活跃消费者同比增长23% 商品总值增长36% 专注于高单价与低单价消费场景并重的利基市场[6]