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Former PayPal CEO joins Valor Capital as Managing Partner

Dan Schulman, former CEO and President of PayPal, has become a Managing Partner at technology-focused investment fund Valor Capital Group. Scott Sobel, Founder and CEO...

PayPal reveals growth of crypto engagement

Issuing its Q1 2023 results, PayPal has revealed a significant growth in customer crypto deposits.  It builds on an overall positive period for the firm,...

PayPal crypto-transactions drive increase in Bitcoin value

PayPal is enabling its US-based customers to conduct international transactions using a range of cryptocurrencies, resulting in a further price increase in Bitcoin. According to...

PayPal expands services to cryptocurrency

PayPal has confirmed that it will launch a suite of cryptocurrency services in 2021, allowing its customers to buy, hold, sell and convert digital...

Amazon brands PayPal’s $4 billion acquisition Honey as ‘security risk’

Following PayPal’s $4 billion acquisition of Honey, global online giant Amazon has warned its users that the extension represents a 'security risk’. PayPal had sought...

PayPal extends positive start to 2020 with Honey acquisition

PayPal has finalised the acquisition of Honey Science Corporation for approximately $4 billion in cash. This transaction seeks to transform the shopping experience for PayPal's...

PayPal buzzing about Honey following $4bn acquisition agreement

PayPal has agreed a deal in principal to acquire reward technology platform Honey Science Corporation for approximately $4 billion. The acquisition is expected to ‘transform’...

PayPal expands Xoom across Europe

US payments giant PayPal has expanded its Xoom money transfer app to cover 32 European countries, seeking to bring the best value to Euro...

PayPal invests $750M into MercardoLibre development

Argentinean e-commerce technology giant, MercadoLibre has entered into an agreement of which payment giant PayPal has committed to make a $750 million strategic investment...

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