ET, shares of Paypal (NASDAQ: PYPL) had fallen by around 5.5%, and shares of Brazilian fintech StoneCo (NASDAQ: STNE) were down more than 8%. Investors are now worried that as long as high inflation persists, the Fed will have to remain aggressive with monetary policy, which increases the likelihood of a recession or stagflation. A slowdown in consumer spending would be detrimental to its business, but the company is large enough to withstand a recession and has a bright future ahead with the shift to digital payments.