San Jose, California-based PayPal Holdings, Inc. (PYPL) operates a technology platform that enables digital payments for merchants and consumers worldwide. The company has a market capitalization of $39.9 billion and operates a two-sided network at scale that connects merchants and consumers, enabling its customers to connect, transact, and send and receive payments online and in person.
Companies with a market cap of $10 billion or more are typically referred to as “big-cap stocks.” PYPL fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the credit services industry.