PayPal, SoFi increase tech spend YoY in Q2 PlatoBlockchain Data Intelligence. Vertical Search. Ai.

PayPal, SoFi increase tech spend YoY in Q2

PayPal Holdings increased its technology and development spend while focusing on talent acquisitions in the second quarter. The payments company’s tech and development spend climbed 9% year over year, reaching $815 million in Q2, according to the earnings release. “We are focusing our investments in the areas where we have tremendous advantage due to our […]

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