The company PayPal announced on Tuesday better-than-expected results for the fourth quarter and released projections that exceeded analysts' expectations.
According to the words of the company's chief executive, these results reflect a strong growth in the use of digital payments both online and offline. PayPal also sees increased interest in cryptocurrencies among its clients.
"We are very pleased with our achievements in the fourth quarter and are confident that we have excellent opportunities for growth in 2022," noted the company's head.
PayPal reported its financial indicators, among which it highlighted an increase in revenue and profit margins compared to the previous period. All this contributed to a positive market reaction, which supplemented the company's shares' growth.
