Tagged: paypal

PayPal Ventures Reportedly Leads Series A Extension Financing for B2B Credit Card Fintech Pliant

Pliant, a business-to-business (B2B) credit card platform that allows businesses to optimize their payment processes, has recently announced the closing of more than €18 million in Series A extension financing, led by PayPal Ventures. Existing investors SBI Investment, Motive Ventures, and Alstin Capital “also participated… Read More

Stablecoin PayPal USD Enabled by Xoom as Funding Option for Cross-Border Money Transfers

Xoom, PayPal‘s (NASDAQ: PYPL) cross-border money transfer service, announced that U.S. users now have the option to fund money transfers to friends and family abroad using USD converted from PayPal USD (PYUSD), a U.S. dollar-denominated stablecoin2. Rolling out to customers in the U.S. starting now,… Read More

PayPal Appoints SoFi’s Aaron J Webster as EVP and Chief Enterprises Services Officer

PayPal Holdings, Inc. (NASDAQ: PYPL) announced the appointment of Aaron J. Webster as Executive Vice President, Chief Enterprise Services Officer, effective March 18. Aaron will have end-to-end accountability “for global financial crime and fraud prevention programs, regulatory and government relations, and risk and compliance management.”… Read More

TrustCommerce Is Adding PayPal and Venmo to Healthcare-focused Payments Platform

TrustCommerce, a Sphere company and a provider of end-to-end integrated healthcare payments and security software, announced that it is adding PayPal (NASDAQ:PYPL) and Venmo, in the U.S., to its healthcare-focused payments platform, enabling providers to offer patients additional flexibility and modern payment options. Through this… Read More

Paxos Aims to Accelerate the Tokenization of Real World Assets by Integrating Chainlink’s PayPal USD Price Feed

Institutional digital asset infrastructure firm Paxos is integrating Chainlink’s PayPal USD price feed to accelerate the tokenization economy. Paxos also wants to boost the adoption of PYUSD – a dollar-based stablecoin powered by Paxos and issued by PayPal. At the same time, Chainlink and Paxos… Read More

Mesh, the Embedded Finance Solution for Digital Assets, Receives Investment from PayPal Ventures

Mesh, the modern embedded finance solution that makes digital asset transfers and account aggregation seamless, today announced an investment from PayPal Ventures. This investment helps to reinforce Mesh’s position as a key player “in embedded finance and highlights PayPal’s commitment to fostering innovation in the… Read More

PayPal, Block Cut Employee Headcount

PayPal (NASDAQ:PYPL), a top payments Fintech that also includes Venmo, is letting go around 9% of its workforce or approximately 2500 individuals according to multiple reports. CNBC said that PayPal CEO Alex Criss distributed an internal memo indicating the exits will take place throughout the… Read More

Pakistan based Freelancers to Begin Accepting Payments Indirectly via PayPal as Part of Pilot Program

Pakistan’s Caretaker Federal Minister for IT and Telecom, Dr. Umar Saif said that there are some positive developments to look forward to this year. During an event called Tech Destination Pakistan, Dr. Umar Saif revealed that starting in February of this year, a pilot project should… Read More

PayPal Announces Key Management Changes, New Appointments Heading into 2024

Former CEO Dan Schulman has left PayPal’s (NASDAQ: PYPL) Board of Directors. Alex Chriss was announced as his replacement last August. PayPal confirmed this announcement last month. PayPal had officially announced that Dan Schulman will “depart from PayPal Holdings, Inc.’s Board of Directors, effective December 31,… Read More

SAP SE Expands Integration via Launch of Digital Payments Plug-in for PayPal Braintree Platform

SAP SE (NYSE: SAP) announced today it has expanded its integration with financial services company, PayPal, through the creation of a digital payments plug-in for the PayPal Braintree platform built on SAP Business Technology Platform. SAP BTP brings together data and analytics, artificial intelligence, application… Read More

Mine, a Firm Focused on Data Privacy Market, Secures $30M via Series B Co-led by Battery Ventures, PayPal Ventures

Mine, a company disrupting the data privacy market, announced that it has raised $30 million in Series B funding, co-led by Battery Ventures and PayPal Ventures, with significant investments from Nationwide Ventures and “with the participation of all existing investors including Saban Ventures, Gradient Ventures… Read More

Bitpanda Announces Free Deposits to User Accounts Using PayPal for Austria and Germany Clients

Bitpanda says they’re always looking for new ways to make investing even more simple and secure. Bitpanda is now pleased to announce that – if you are resident in Germany and Austria – you can now “make free deposits to your Bitpanda wallet using PayPal.”… Read More

PayPal Appoints Archie Deskus as CTO

PayPal Holdings, Inc. (NASDAQ: PYPL) announced the promotion of Archie Deskus to Executive Vice President, Chief Technology Officer (CTO) of PayPal, “effective immediately.” In this role, she will reportedly “oversee PayPal’s global technology, engineering, and information organizations.” In addition to enabling PayPal’s technology strategy, priorities,… Read More

PayPal Now Registered to Provide Digital Asset Services in the UK

PayPal (NASDAQ:PYPL) has reportedly been registered to provide crypto-asset services in the UK. This, according to the UK Financial Conduct Authority’s (FCA) update posted on its website. The news comes as the international payments firm builds a post-Brexit base in the country. Although the cryptocurrency… Read More

PayPal Invests in Funds Promoting Women’s Economic Empowerment in Southeast Asia

PayPal Holdings, Inc. announced its investment in the Southeast Asia Women’s Economic Empowerment Fund (SWEEF) by Sweef Capital and Quona Opportunity Fund. This collaboration aims to propel women’s participation in global economics and finance. This strategic move is a part of PayPal’s pledge to support… Read More

Teens: Piper Sandler Survey Shows Spending Decline, Apple Pay Top Spot for Payment Apps

Piper Sandler (NYSE: PIPR) has posted its 46th semi-annual survey of Teens across the United States. The survey can help glean emerging trends that can impact future economic activity and rising brands. Of course, Teens can be fickle, but today’s Teens are tomorrow’s adults. When… Read More

PayPal/Venmo Cards Can be Added to Apple Wallet

One of the most popular digital wallets in the world is now accepting PayPal (NASDAQ:PYPL) and Venmo credit and debit cards. Apple (NASDAQ:AAPL), which already accepts a litany of different cards in its wallet, now gives PayPal users the option to add their card to… Read More

Crypto.com, PayPal and Paxos to Enable PayPal USD (PYUSD) Transactions

Crypto.com announced it has teamed up with PayPal and Paxos to establish Crypto.com as a preferred PayPal USD (PYUSD) exchange. Crypto.com has already listed PYUSD on its platform “for both retail and institutional users, and is currently the crypto trading platform with the deepest liquidity… Read More

BBB Institute for Marketplace Trust Teams Up with PayPal

The BBB Institute for Marketplace Trust, the educational foundation of the International Association of Better Business Bureaus, is pleased to welcome PayPal (NASDAQ: PYPL), a BBB Accredited Business, as a new member of its Corporate Trust Council. The Council is a coalition of select companies… Read More

Uber, PayPal Expand Relationship, Focused on Global Card Processing

PayPal Holdings, Inc. (NASDAQ: PYPL) and Uber Technologies, Inc. (NYSE: UBER), announced an extension of their multi-year relationship, furthering PayPal’s role as a key operational partner in Uber’s continued growth in both its core and new lines of business in markets all over the world…. Read More

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