PayPal's Honey Acquisition Makes No Sense

About: PayPal Holdings, Inc. (PYPL), Includes: AAPL, BABA, DBX, MA, SQ, UBER
by: Crispus Nyaga
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Crispus Nyaga
Growth at reasonable price, Deep Value, long/short equity, contrarian

The payment industry is getting to a saturation point.

PayPal's main assets are facing increased competition from the likes of Stripe and Square.

PayPal's biggest acquisition is expensive and will not help make it better.

I invested in PayPal (PYPL) in 2017 and exited my investment in October last year and swapped it with Mastercard (MA). I also have a small stake in Visa (VISA), as