PayPal - News, Articles & Research

Company announcement/payments

PayPal and UnionPay form global partnership

UnionPay International (UPI) and PayPal (NASDAQ: PYPL), today announced a global partnership where both companies will work together to accelerate the growth of their networks.

23 January 2020

Company announcement

PayPal closes $4bn Honey acquisition

PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it has completed its acquisition of Honey Science Corporation for approximately $4 billion in cash.

06 January 2020

Company announcement

PayPal completes acquisition of China's GoPay

PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it has completed its acquisition of a 70% equity interest in Guofubao Information Technology Co., Ltd. (GoPay), following approval of the transaction by the People's Bank of China on September 30.

20 December 2019

Company announcement/payments

Citi and PayPal expand partnership to institutional payments

Citi (NYSE: C) and PayPal (NASDAQ: PYPL) have expanded their partnership to enable Citi’s institutional clients to make payments into customers’ PayPal digital wallets.

16 December 2019

News/regulation

PayPal sues CFPB over prepaid rule

PayPal has filed a lawsuit against the Consumer Financial Protection Bureau (CFPB) arguing that digital wallets should be exempt from the regulator's recently introduced rule on prepaid cards.

13 December 2019

Company announcement/payments

PayPal and Mastercard bring Instant Transfer feature to Singapore

Following the success of its Instant Transfer feature in the U.S., PayPal and Mastercard recently extended the service to Mastercard cardholders in Singapore and a number of European countries.

27 November 2019

Company announcement/payments

Discover partners PayPal on rewards

Discover cardmembers can now use their Cashback Bonus® or Miles to pay for purchases at millions of online stores through PayPal, giving cardmembers another convenient and flexible way to reward themselves.

25 November 2019

News/payments

PayPal to buy online rewards platform Honey for $4bn

PayPal has agreed its largest ever acquisition - a $4 billion deal to buy Honey Science Corporation, the firm behind a browser extension and app that helps people find online shopping rewards and deals.

20 November 2019

News/regulation

PayPal invests in cryptocurrency compliance startup TRM

PayPal has joined a $4.2 million funding round for cryptocurrency compliance and risk management platform TRM Labs.

19 November 2019

News/payments

PayPal Ventures invests in Japanese instant credit firm Paidy

Paidy, a Japanese instant credit startup, has raised $83 million in a Series C extension joined by PayPal and secured an additional $60 million in debt financing.

01 November 2019

Company announcement

PayPal and Synchrony team on co-branded Venmo credit card

PayPal Holdings, Inc. (NASDAQ: PYPL) and Synchrony (NYSE: SYF) today announced an expansion and extension of their strategic consumer credit relationship.

17 October 2019

News/regulation

PayPal quits Facebook's Libra project, Visa and Mastercard could follow

Update: Facebook's Libra plans continue to stumble as PayPal quits the digital currency project, with Visa and Mastercard also reconsidering their involvement.

04 October 2019