Venmo Small Business Grant Now Accepting Applications To Support Emerging And Small Businesses
Portfolio Pulse from Happy Mohamed
PayPal Holdings, Inc. (NASDAQ:PYPL) has announced the second Venmo Small Business Grant, a program providing financial grants and mentorship for 20 Venmo business profile customers. Each selected business will receive $10,000 for expenses or to help digitize and promote their businesses. The program also provides recipients with access to technical expertise and mentorship in partnership with Start Small Think Big and PayPal and Venmo employees.
July 24, 2023 | 1:13 pm
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POSITIVE IMPACT
PayPal's announcement of the second Venmo Small Business Grant could potentially enhance its reputation and strengthen its relationship with small businesses, which could indirectly influence its stock performance.
The announcement of the Venmo Small Business Grant shows PayPal's commitment to supporting small businesses, which could enhance its reputation and customer loyalty. This could indirectly lead to increased usage of PayPal's services and potentially positively impact its stock performance.
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