Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>PayPal Holdings Inc. has officially submitted applications to the Federal Deposit Insurance Corp. and the Utah Department of Financial Institutions to launch a new banking entity, "PayPal Bank." If approved, this Utah-chartered industrial loan company (ILC) would significantly expand PayPal’s reach into traditional financial services, including small business lending and consumer savings products.</li><li>The application reflects a broader regulatory shift under the Trump administration, which appears more receptive to fintechs entering the banking ecosystem—evidenced by recent approvals for crypto-native firms like Circle and Paxos.</li><li>PayPal’s move comes after facilitating more than $30 billion in loans since 2013 and aims to enhance its product breadth, particularly for underserved small businesses and digital-first consumers.</li></ul>

PayPal Holdings Inc. has officially submitted applications to the Federal Deposit Insurance Corp. and the Utah Department of Financial Institutions to launch a new banking entity, "PayPal Bank." If approved, this Utah-chartered industrial loan company (ILC) would significantly expand PayPal’s reach into traditional financial services, including small business lending and consumer savings products.The application reflects a broader regulatory shift under the Trump administration, which appears more receptive to fintechs entering the banking ecosystem—evidenced by recent approvals for crypto-native firms like Circle and Paxos.PayPal’s move comes after facilitating more than $30 billion in loans since 2013 and aims to enhance its product breadth, particularly for underserved small businesses and digital-first consumers.

PayPal Wants to Become a Bank—Here’s Why Incumbents Should Care

Paypal Holdings

PayPal Wants to Become a Bank—Here’s Why Incumbents Should Care