PayPal

719 results about this entity

Period: 08 Feb 2005 - 07 Aug 2024

/payments

KKR to buy €40bn of PayPal European BNPL loans

PayPal has struck a deal to offload up to €40 billion of its buy now, pay later loans in Europe to private equity firm KKR.

/payments

PayPal Ventures invests in Latin American e-commerce outfit nocnoc

PayPal Ventures has led a $14 million Series A funding round for nocnoc, a firm that helps facilitate cross-border e-commerce between global sellers and Latin America.

/crypto

PayPal leads $52 million round in Magic

Magic, the leading wallet-as-a-service (WaaS) provider, today announced it has raised $52 million in a strategic funding round led by PayPal Ventures, with participation from Cherubic, Synchrony, KX, Northzone, and Volt Capital.

/inclusion

US Congress members demand PayPal end ban on Palestinian businesses

Eleven members of US Congress have written a letter demanding that PayPal ends its ban of providing service to Palestinians.

/payments

PayPal considers Xoom sale - report

PayPal has enlisted Goldman Sachs to help it explore a potential sale of its international money transfer subsidiary Xoom, according to tech news site The Information.

/people

PayPal cuts CEO Schulman's pay to $22m

PayPal's outgoing CEO Dan Schulman saw his pay fall by 32% to $22 million last year after the company failed to meet financial targets.

/payments

Visa partners PayPal for interoperable P2P payments

Visa is teaming up with a host of firms, including PayPal and Western Union, to let people send each other money between different P2P payment apps.

/people

PayPal CFO steps down

Effective March 7, 2023, Blake Jorgensen will step down from his position as Chief Financial Officer of PayPal Holdings, Inc. (NASDAQ: PYPL), following a leave of absence for health reasons that started in September.

/crypto

PayPal hits snooze on stablecoin

PayPal has paused work on its stablecoin just weeks before it had planned to unveil the project, according to Bloomberg.

/people

PayPal’s Dan Schulman to step down

PayPal’s president and CEO Dan Schulman has announced his plans to retire from the payments giant on December 31st, 2023.

/people

PayPal to lay off 2000 staff; SoFi and Upstart terminate employees

PayPal is to lay off 2000 staff, seven percent of its workforce, as it adjusts to a weakening economic climate.

/payments

Bold Commerce integrates with PayPal

With over half of shoppers (53%) abandoning checkout before completing their purchase, retailers have long understood the need to improve checkout, but have previously dismissed it as too costly and complex to change.