Tag: PayPal
Libra co-creator gets into Twitter-spat after Stripe, Mastercard and Visa abandon...
Things are not looking stellar for Libra as several backers have pulled out of the cryptocurrency project as the regulatory pressure against it is mounting.
PayPal co-founder Max Levchin’s new company Affirm is apparently raising $1.5bn
The company may have raised a massive $300m Series F round in April, but it seems as if Affirm is reportedly looking to fill its coffers with another $1.5bn.
PayPal suspends Ku Klux Klan fundraising account
Payment platform PayPal has removed an account used by the Ku Klux Klan to raise money.
Venmo launches instant transfers to bank accounts
Venmo, a payments app owned by Paypal, has released a new service supporting instant transfers to US bank accounts.
PayPal invests in and partners with open banking platform Tink
Open banking API developer Tink has received an investment from online payments giant PayPal.
MercadoLibre raises $2bn amid share offering, Paypal, Dragoneer invests
Latin American e-commerce platform MercadoLibre has raised $2bn from a public share offering and direct investments from PayTech giant PayPal among others. The company offered around $1.15bn of...
South Korea’s Toss raises $80m
Viva Republic, the company behind South Korean payments app Toss has raised $80m in a funding round valuing the business at $1.2bn. Toss' peer-to-peer money transfer...
Arkose Labs closes PayPal investment, just months after Series A close
Arkose Labs, a provider of online fraud prevention technology, has received a strategic investment from PayPal.
Monese secures $60m Series B to support international expansion
Mobile current account Monese has secured $60m in its Series B which will support its international expansion.
PayPal acquires Hyperwallet in $400m cash deal
Digital payments giant PayPal has acquired Hyperwallet, a global payout solution, in a $400m cash deal.