PayPal Holdings (PYPL) stock dropped 4.1% in Tuesday premarket trading after the payment app company's expenses rose more than expected and its cash flow declined.

Safaricom has launched a new feature allowing users to withdraw PayPal funds directly through the M-Pesa app, targeting Kenya ...

For PayPal, this is a move to upsell another offering to users within the app. The company said that with its payment products, it has observed an 84% uptick among people who pay online for travel.

Cash App and PayPal have become immensely popular since their debuts. Cash App boasts 44 million users as of 2021 and PayPal has 429 million users at the end of Q1 2022. Consumers are increasingly ...