Better Buy: PayPal Holdings vs. Square
PayPal (NASDAQ: PYPL) and Square (NYSE: SQ) are both major players in the booming digital payments industry. PayPal was spun off from eBay (NASDAQ: EBAY) in July 2015, and Square went public just four months later. PayPal's stock has risen by about 150% over the past four years, while Square's stock surged by more than 350%.
Both companies dazzled investors with their robust revenue growth and expanding fintech ecosystems, which introduced new peer-to-peer payment services like PayPal's Venmo and Square's Cash. Square, which is growing faster than PayPal, clearly attracted more bulls. But will Square continue to outperform its larger rival over the long term?
Image source: Getty Images.
PayPal was founded over two decades ago and was acquired by eBay shortly after its IPO in 2002. PayPal initially served as eBay's main payment platform, and gradually expanded to accept payments on other websites and payments via email, Facebook Messenger, its main app, and Venmo.
Source Fool.com
