PayPal, 20 Years On

Plus: MoneyGram, Mortgage Rates, Storm Eunice

This week marks the twentieth anniversary of PayPal’s initial listing on the NASDAQ stock exchange. The company didn’t survive long on the public markets; it was acquired by eBay just five months after its stock market debut. But it left its mark. PayPal was around to offer online payments at the birth of ecommerce and has continued to grow as ecommerce…