Although PayPal is still the dominant provider of mobile payment services, competitors are nipping at their heels, so it is necessary to think about how to improve the services provided to customers and introduce something new.
To combat the challenges, Alex Criss, who has a background in digital and financial services, will take over as CEO at the end of September. However, as analysts have previously pointed out, he will have a tough job ahead of him due to both fierce competition and difficult market conditions.
The company now needs new markets and customers to prove to investors that its business model can work. As Efi Dahans, head of Central Europe and Eastern Europe, emphasized in a conversation with “Delfi Bizness”, his focus right now is on the Baltics, because there is a strong environment for start-ups here, who think more broadly and for whom the local market alone is not enough.
2023-09-18 04:00:47
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