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PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027

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Summary
Nutrition label

81% Informative

PayPal is positioning Venmo as the "go-to money movement app" by driving in-store and online spending.

The company told investors in New York on Tuesday that Venmo can top $2 billion in revenue by 2027 .

The last time PayPal provided an annual revenue figure for Venmo was about $900 million in 2021 .

VR Score

86

Informative language

87

Neutral language

64

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links