PayPal's former president slams the company, says it's lost its 'mojo' and 'ability to compete'

Media/ Social Media

PayPal's former president, David Marcus , raised concerns about the fintech giant, saying it's "lost its mojo." In a long post on X, Marcus spoke about several flaws in PayPal, a San Jose-based fintech giant, across its history. Marcus left PayPal in 2014 and has since worked at Coinbase and Meta. He has also founded a payments company, Lightspark, where he is now CEO. He said he had woken up to messages from former PayPal colleagues, which pushed him to "finally speak up." During its latest