GoCardless Joins Tech Unicorns as It Secures USD312 Million

New investment by Permira’s Growth Opportunities fund and BlackRock Private Equity Partners values GoCardless at USD2.1 billion Investment follows a fast start in open banking and will be used to double down on account-to-account payments and build a global ‘bank pay’ network to rival cards Michael Rouse, former Chief Commercial Officer at Klarna, to join GoCardless’ Board of Directors, and Koen Köppen, Chief Technology Officer at Klarna and Board Member of Mollie, to join as...

PayPal Launches “Checkout with Crypto”

Enables PayPal customers in the U.S. to checkout with cryptocurrency alongside other payment methods in the PayPal wallet Significantly increases cryptocurrency utility, available at checkout with millions of businesses PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the launch of Checkout with Crypto, a new feature which significantly expands the utility of cryptocurrency. Available at millions of global online businesses and continuing to expand over the coming months, PayPal customers with cryptocurrency holdings in the U.S. will be...

PayPal Announces Pricing of Senior Notes Offering

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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