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PayPal gains on report it's making Venmo a standalone business unit (PYPL:NASDAQ)

Wed, 29 Apr 2026 22:29:55 GMT

PayPal gains on report it's making Venmo a standalone business unit (PYPL:NASDAQ)

PayPal (PYPL) rose 2.5% after a report that it's making Venmo a standalone unit for the first time as a part of a broader reorganization in the digital payments company.

Venmo will soon be its own standalone unit within PayPal, making