List of Big Tech companies, carmakers shunning Russia grows longer: Services and apps go dark, putting pressure on Russian consumers. But will continued sanctions influence the Russian government?

Who’s winning the sprint to become a financial services super app: At Money20/20 USA, Insider Intelligence gave financial services executives an advance look at our upcoming matrix compiling some of the industry’s most comprehensive data about global financial services super apps.

According to a PayPal-commissioned poll by Maru Group in July 2021, almost three-quarters (72%) of adults in Canada said they like being able to order groceries online,

Back in 2020, we predicted that PayPal would make a number of big acquisitions this year to help enhance its offerings.

The payment giant’s app overhaul could set it up for substantial cross-promotion possibilities, which can grow payment volume and create a more loyal user base.

PayPal. We estimate that growth of PayPal’s mobile P2P transaction value is set to slow through our forecast period as it becomes a less flashy competitor in the space. PayPal helped pioneer mobile P2P, but it is now ceding market share to other players. Some 54% of US customers have used PayPal within the past year, per Mercator data published in February 2021.

The UK launch is its first international crypto expansion and anticipates the company’s super app goal.

Lydia added trading, but its suite of services still pales in comparison to competitors included within Insider Intelligence’s list of super apps.

Tools like PayPal-owned Honey, a browser extension that aggregates coupons and applies discounts at checkout, help customers seek out sales. Issuers will develop similar tools—as Capital One has—to help customers access deals when they spend on a given card.

The new tie-up can help bring more Honey users to PayPal’s app, aiding cross-promotion and its push further into retail.

The app lets users shop at any online retailer, redeem promotions, and access product and budgeting tools—turning Klarna into a one-stop shopping hub.