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BVNK opens the door to blockchain with PayPal-backed stablecoin

Payments infrastructure provider BVNK has integrated stablecoin PayPal USD (PYUSD) into its payment platform.Following the integration, businesses will be able to access the US...

Visa unveils stablecoin dashboard to reduce ‘noise’ in data

Visa has launched ‘Onchain Analytics Dashboard’ in collaboration with blockchain data provider Allium Labs to make stablecoin activity easier to understand. In a bid to...

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 upping its stablecoin game with Xoom cross-border option

The US stablecoin space is getting more competitive week-by-week. A day before Ripple launched its own stablecoin offering, PayPal enhanced its own activity in...

PayPal’s Venmo integrates Apple’s Tap to Pay for US businesses

PayPal has announced that Tap to Pay on iPhone has launched for all Venmo business profiles and PayPal Zettle users in the US. The payment...

BR-DGE to leverage PayPal tech innovations

Payment orchestration firm BR-DGE has sought to enhance its offering to merchants by becoming the latest company to integrate PayPal for online checkouts. The company...

Kinnevik writes off Monese investment in full

Swedish Venture Capitalist (VC) Kinnevik has written off its investment of Monese in full due to the uncertainty over its future participation in the...

PayPal Co-founder backs new ‘drug-friendly Olympics’ concept

PayPal Co-Founder Peter Thiel and former Coinbase CTO Balaji Srinivasan have invested in the ‘drug friendly’ Enhanced Games. The Olympic game alternative announced the closing...

PayPal reduces workforce by 9% amid rising competition

In its mission to revolutionise commerce, PayPal has cut 2,500 jobs in hopes to improve efficiency and focus.The payments giant announced the reduction of...

PayPal conducts its first stablecoin investment in Mesh venture

The opening month of 2024 continues to be an active one for PayPal as the Silicon Valley giant closes January by investing in Mesh. In a...

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