To The Moon

$PayPal(PYPL)$ There can be various reasons why banks are collapsing while PayPal is not. Here are some possible explanations:

1. Limited risks: PayPal is a digital payment service that operates with limited risks since it does not have the same level of exposure to traditional banking risks such as lending, investing, and holding deposits. PayPal primarily serves as an intermediary between buyers and sellers, and its business model relies on transaction fees rather than interest revenue.

2. Innovative technology: PayPal has been able to leverage innovative technology to reduce operational costs, enhance customer experience, and mitigate fraud risk. It has invested heavily in areas such as data analytics, artificial intelligence, and blockchain technology, which have helped it to remain competitive and resilient in the face of market disruptions.

3. Diversified revenue streams: PayPal has diversified its revenue streams beyond just online payments, acquiring companies like Venmo, Xoom, and iZettle in recent years, which has expanded its reach into other areas of the financial services industry. This diversification has enabled PayPal to weather some of the challenges faced by traditional banks, such as changing consumer preferences and increasing competition.

4. Regulatory oversight: PayPal is subject to regulatory oversight but to a lesser extent than traditional banks, which are subject to more stringent capital and liquidity requirements. The regulatory environment for fintech companies like PayPal is still evolving and it remains to be seen whether they will be subjected to more regulatory scrutiny in the future.