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PayPal Holdings, Inc. (Nasdaq: PYPL) announced today that it has priced its offering of $4.0 billion aggregate principal amount of senior notes, consisting of $1,000,000,000 aggregate principal amount of 1.350% notes due 2023, $1,000,000,000 aggregate principal amount of 1.650% notes due 2025, $1,000,000,000 aggregate principal amount of 2.300% notes due 2030 and $1,000,000,000 aggregate principal amount of 3.250% notes due 2050. The offering is expected to close May 18, 2020, subject to customary closing conditions.Payments PayPal estimates that the net proceeds from the offering will be approximately $3,974,740,000, before...

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PayPal Holdings, Inc. (NASDAQ: PYPL), along with the Center on Crime and Community Resilience at Northeastern University, in partnership with the University of Chicago Crime Lab, today announced the formation of a research initiative designed to better understand illegal firearm trafficking and financing in the United States. Banking News The research initiative, with funding support from PayPal, is designed to generate actionable insights and guide efforts to monitor and respond to illegal firearm distribution, with the goal of combating the illegal sale...

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PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it has completed its acquisition of Honey Science Corporation for approximately $4 billion in cash. This transaction will transform the shopping experience for PayPal’s consumers while increasing sales and customer engagement for its merchants. Payments Platform “We’re thrilled to complete this transformative transaction and to welcome the Honey team to the PayPal family,” said Dan Schulman, president and CEO of PayPal. “The addition of Honey to our...

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ShoppingGives announced it is partnering with PayPal Giving Fund to make it easier for nonprofits of all sizes to benefit from donations from major retailers. Participating nonprofits will now be able to receive donations through the PayPal Giving Fund for increased access to donors and security. ShoppingGives joins the likes of eBay, GoFundMe, Humble Bundle, and Airbnb as PayPal Giving Fund partners. The backend infrastructure necessary to implement a cause marketing program is a major...

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Financial technology startup YayPay today announced the raising of $8.4 million dollars in funding to further its drive to bring automation to the back-office finance operations of mid-sized enterprises. YayPay will capitalize on its momentum in the multibillion-dollar credit-to-cash software and commercial payments market, and use the funding to pursue product development in data science, advanced-level product features, and sales team expansion. The funding is led by Information Venture Partners with follow on investment from existing shareholders including Birchmere, QED, Fifth...

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