"PayPal CEO Enrique Lores laid out a broad reset focused on simplifying the company, modernizing its pre-cloud technology stack, and making PayPal more AI-native while shifting more attention back to consumers. The company has reorganized into three core businesses — Checkout, consumer financial services and payment processing — and is now prioritizing sustainable profitability, stronger Venmo monetization, and added value services for Braintree and Checkout rather than pure volume growth."