Tagged: paypal

Fintech Torpago Adds ex-Flow Networks, Visa, PayPal Exec Chris Boncimino to Lead Business Operations

Torpago, a commercial credit card and spend management provider for banks, has announced the hiring of Chris Boncimino to head business operations. Boncimino will lead business operations with a focus on growth and product development for Torpago’s Powered By program management service. Boncimino’s fintech experience… Read More

Fastlane by PayPal Supports Frictionless Digital Checkout Experience

PayPal Holdings, Inc. (NASDAQ: PYPL) announced that Fastlane by PayPal is now available for U.S. businesses of all sizes, helping to increase their sales and drive customer loyalty in time for the upcoming holiday shopping season. Announced earlier this year, Fastlane utilizes PayPal’s payment expertise… Read More

Forensic Risk Alliance Names PayPal, Mastercard Vet Hyun to Key Crypto Compliance Role

Forensic Risk Alliance, an independent forensic consultancy specializing in regulatory investigations, compliance and disputes, has named US-based cryptocurrency specialist Thomas Hyun as a director in the firm’s global Cryptocurrency Investigations and Compliance practice. Hyun brings years of experience building and leading anti-money laundering (AML) compliance… Read More

MoonPay Users in 24 EU Member States and the UK May Acquire Crypto via PayPal

MoonPay is pleased to announce that PayPal (NASDAQ: PYPL) is now live to users across the European Union and United Kingdom, following a successful launch in the United States last month. MoonPay users in 24 EU member states and the UK can “now buy cryptocurrency… Read More

PayPal Holdings Announces Key Appointments to Enhance Firm’s Consumer Value Proposition

PayPal Holdings, Inc. (NASDAQ: PYPL) announced new leadership appointments that will drive the creation of a new advertising platform and strengthen the company’s consumer value proposition. Mark Grether will reportedly join “on May 28 as SVP, General Manager, PayPal Ads, and John Anderson has joined… Read More

PayPal Release Global Impact Report, Highlighting Key Digital Commerce Trends Worldwide

At PayPal (NASDAQ: PYPL), they claim to be focused on a goal to empower consumers and merchants worldwide to engage in the global economy, all while doing good in the world. The PayPal 2023 Global Impact Report details how their progress on their corporate sustainability… Read More

MoonPay Now Allows Users to Acquire and Sell Digital Assets via PayPal

MoonPay now lets users buy and sell crypto funded by PayPal (NASDAQ: PYPL). MoonPay’s integration with PayPal reportedly “offers a seamless fiat-to-crypto experience for all PayPal users in the U.S.” MoonPay, the Web3 infrastructure company, has recently announced a collaboration with PayPal that allows MoonPay… Read More

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

Tap to Pay on iPhone Now Offered to Venmo and PayPal Zettle Businesses

PayPal Holdings, Inc. (NASDAQ: PYPL) announced that Tap to Pay on iPhone is now available for all Venmo business profile and PayPal Zettle users in the U.S., enabling them to accept contactless card and digital wallet payments “directly on their iPhones with no additional cost… 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

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