Search Results for: PayPal

Stablecoins: Crypto Payments Platform BitPay Adds PayPal USD (PYUSD) Stablecoin Support

BitPay, which claims to be the world’s largest provider of Bitcoin and cryptocurrency payment services, announced it has rolled out PayPal USD (PYUSD) payments for merchants and consumers. Xsolla will be one of the first merchants “to accept PYUSD, enabling their customers to buy any… Read More

PayPal, Meta to Enable Donations on Facebook, Instagram in the US, UK, Australia, Canada

At PayPal (NASDAQ:PYPL), they’re committed to harnessing the power of their technology and scale to support charities and help people give back to the causes they care about. They are now pleased to share that PayPal Giving Fund is “expanding its partnership with Meta (NASDAQ:META)… Read More

Coinbase Enables Seamless Crypto Purchases for Germany, UK Clients via PayPal

Users in Germany and the UK can now link their PayPal (NASDAQ:PYPL) account directly to Coinbase (NASDAQ:COIN) in order to buy cryptocurrencies, “providing a hassle-free, trusted, and secure purchasing and withdrawal option.” Coinbase now offers their German and UK users a quick and hassle-free method… Read More

Russell Innovation Center for Entrepreneurs Receives $1M Grant from PayPal 

The grant will establish a PayPal Retail Academy to support Atlanta-area entrepreneurs. The Russell Innovation Center for Entrepreneurs (RICE) announced a $1 million grant from PayPal Holdings, Inc. (NASDAQ:PYPL) in order to launch the PayPal Retail Academy, which will provide a robust curriculum of innovative… Read More

Is PYUSD a Flop So Far? Nansen Says Few People Using PayPal’s Dollar Based Stablecoin

Earlier this month, PayPal (NASDAQ:PYPL), a top publicly traded Fintech, announced the launch of a dollar-based stablecoin PayPal USD or PYUSD. The stablecoin is being issued in partnership with Paxos, a top, regulated digital asset firm. Stablecoins are one of the most promising sectors of crypto…. Read More

PayPal, Ledger Introduce On-Ramp Integration, Enabling Consumers to Explore Crypto Services

Two of the most “trusted” brands in Web3 and payments integrate in order to help users explore crypto. The teams at PayPal (NASDAQ:PYPL) and Ledger are pleased to announce “an on-ramp integration with PayPal, allowing users to explore crypto in a convenient, simple and secure… Read More

Open Banking Firm TrueLayer Adds Former PayPal Exec as New Head of eCommerce

Open banking provider TrueLayer has appointed Michael Brown as its new Head of E-Commerce, according to a statement from the firm.  TrueLayer said the hire was part of  push into more verticals as open banking adoption grows. Prior to joining the Fintech, Brown was Director… Read More

Paypal Hits Pause on Crypto Services in UK, Plans Resumption in 2024 After Complying with New Regulations

PayPal (NASDAQ:PYPL) says it will be halting UK-based crypto sales until next year. Payments firm PayPal recently revealed that it will not be allowing UK clients to purchase cryptocurrencies via its platform from October 2023, as the company works on adhering to new regulatory guidelines for… Read More

PayPal Names New CEO – Alex Chriss

PayPal (NASDAQ:PYPL) has named Alex Chriss as its new Chief Executive Officer following an extended search to replace Dan Schulman. This is according to a report by CNBC. Chriss is currently GM of the Small Business & Self-Employed Group for Intuit which also includes MailChimp…. Read More

ConnexPay Welcomes PayPal Vet George Hansen as CRO

This week, ConnexPay, a payments technology company that integrates payments acceptance and issuance inside a single platform, announced the appointment of George Hansen as its chief revenue officer (CRO). Hansen brings more than 20 years of experience in the payments industry. He previously worked as… Read More

PayPal Announces US Dollar Stablecoin, Congressional Leader Says Stablecoins Hold Promise

PayPal (NASDAQ:PYPL), a top publicly traded Fintech, has announced the launch of a dollar-based stablecoin. According to a company statement, PayPal USD or PYUSD is a fully backed digital asset that holds cash, short-term US Treasuries, and similar assets issued in partnership with Paxos, a… Read More

BNPL: Microsoft Extends Partnership with PayPal to Provide Flexible Payment Options

PayPal Holdings, Inc. (NASDAQ: PYPL) and Microsoft Corp. (Nasdaq: MSFT), recently announced Microsoft’s integration of PayPal’s Pay Later solution in the U.S., U.K., Australia, Germany, France, Spain, and Italy. In addition, customers in the U.S. will soon “have the option to pay with Venmo in… Read More

PayPal, KKR Announce Long-Term Cooperation for European Pay Later Receivables

PayPal Holdings, Inc. (NASDAQ: PYPL) and KKR, a global investment firm, announced the signing of an exclusive multi-year agreement “for a €3 billion replenishing loan commitment under which private credit funds and accounts managed by KKR will purchase up to €40 billion of buy now,… Read More

Fintech REPAY Introduces PayPal and Venmo to Expand Client Choice

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, is adding PayPal and Venmo to its suite of payment solutions, making them available to clients across REPAY’s verticals, including personal finance, auto finance, credit unions and mortgage. As noted in the update: “Our… Read More

PayPal Ventures Leads Series A Round for nocnoc, Facilitator of Cross-Border E-Commerce

nocnoc, the facilitator of cross-border eCommerce between global sellers and Latin America, today announced that it has secured $14 million in Series A funding, “led by PayPal Ventures with participation from Mouro Capital, Quona Capital, Caravela Capital, Broadhaven and Ignia.” The funding from the investment… Read More

Web3: PayPal Ventures Leads $52M Round for Magic, a Non-Custodial Wallet-as-a-Service

Non-custodial wallet-as-a-service (WaaS) provider and web3 onboarding solution to expand its enterprise-ready product suite to support growing customer base. Magic, which claims to be the leading wallet-as-a-service (WaaS) provider, has announced it has raised $52 million in a strategic funding round led by PayPal Ventures,… Read More

CFPB Claims Billions of Dollars Not Protected in Some Payment Apps, Names PayPal, Venmo and Cash App

The Consumer Financial Protection Bureau (CFPB) has issued a statement that “billions” of dollars held on payment Apps may not possess federal insurance. The CFPB said these funds may not be safe during times of “financial stress,” alluding to the recent banking crisis. Rohit Chopra,… Read More

Fintech Firm Onbe Adds PayPal, Venmo to Enable Faster Disbursements to Recipients

Onbe, a business to consumer disbursements financial technology company, announces the addition of PayPal and Venmo functionalities to its product offerings. With PayPal and Venmo, Onbe’s clients now “have more options to provide fast, seamless and secure digital choices to their recipients within Onbe’s existing product… Read More

Phoenix Suns, PayPal Extend Partnership Through 2026 NBA Season with a Focus On Community Investment

The Phoenix Suns and PayPal (NASDAQ: PYPL) announced that they have extended their partnership through the 2026 NBA season. PayPal will “continue as the Suns’ jersey sponsor and, as part of the enhanced multi-year deal, the organizations will now increase their focus on supporting small… Read More

Virtual Payments: Visa Partners PayPal and Venmo to Offer Digital Person-to-Person Transactions

Visa (NYSE: V) announced it is partnering with PayPal and Venmo in order to pilot Visa+, an innovative service that aims to help individuals move money quickly and securely between different person-to-person (P2P) digital payment apps. Later this year, Venmo and PayPal users in the… Read More

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