Tyler Jones ‘21 pitched PayPal Holdings, Inc. (NASDAQ: PYPL) on March 1st, 2021. Within the primary PayPal brand and platform, PayPal offers their products and services to two main customer groups: businesses and consumers. For businesses, PayPal offers merchants the ability to accept digital payments through both in-store and e-commerce channels, with the mix skewed heavily towards e-commerce. For consumers using the core PayPal platform, users can send and receive payments anywhere in the world, as well as use the PayPal platform to complete payments to merchants and for other financial services. Tyler discussed PayPal’s position to benefit from the growing number of global digital payments, PayPal’s recent acquisition of the Chinese-based digital payments company Guofubao, and the monetization of Venmo as the key growth drivers of PayPal. The class voted to purchase 243 shares of PYPL at the market price on March 1st, 2021 and sell 475 shares of XLK at the market price on March 1st, 2021