In his post, Marcus said that he broke his long silence after receiving “dozens of messages from former PayPal colleagues”.

PayPal's former president slammed the company for repeating mistakes and losing its "mojo." David Marcus said on X that PayPal was repeating leadership mistakes that had cost the company its edge.

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PayPal (PYPL) faces competition, high fees, weak engagement, and unproven growth, limiting near-term upside. See more here.

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This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Xoom, PayPal Holdings’ digital remittance subsidiary, ...