PayPal’s Lending Increases

| By:

paypal buildingPayPal was mum about its working capital loan products in the latest quarterly earnings report, but clues lie in an important line item, Loans and interest receivable. The figure has historically been closely correlated with originations. PayPal reported $3.7B in those receivables at the end of Q3, up from $3.2B in Q2 and up from $2.77B at the end of Q4 2020.

The number was close to $4B at the end of 2019 so the figures represent a return to previous levels.

In the earnings call, PayPal CFO John Rainey said “growth in our short-term installment pay portfolio was the primary driver of this increase.” Rainey appeared to be referring to its Buy-Now-Pay-Later product.

Separately, PayPal announced that Venmo users should be able to pay for purchases on Amazon beginning next year.

This page has been updated to reflect the CFO’s statements that the increase was driven by short-term installment lending.

Last modified: November 9, 2021

Category: Business Lending

Home Business Lending › PayPal’s Lending Increases

    Global Funding Experts

    Hunter Caroline


    Fox Business Funding

    The Smarter Merchant

    Amerifi Capital


    AMA Recovery



    Paz Funding Source

    Legend Funding

    Spartan Capital

    Titan Asset Management

    Wynwood Capital Group

    Unique Funding Solutions

    IOU Financial


    SOS Capital

    Green Note Capital


    Big Think Capital

    CFG Merchant Solutions

    Vox Funding

    Symplifi Capital

    deBanked CONNECT San Diego

    Highland Hill Capital