Blockchain Capital Raises $300 Million for Fund V
June 23, 20215 min
Investors include PayPal & Visa
PayPal Launches “Checkout with Crypto”
March 31, 20217 min
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 launches touch-free payments in-store with iZettle
December 14, 20204 min
Provides consumers with a touch-free option to pay safely and securely with PayPal in-store and support local businesses in the run-up to Christmas
PayPal Announces Pricing of Senior Notes Offering
May 13, 20205 min
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...
PayPal Funds Northeastern University in Launch of Major Research Project on Illegal Firearms Transactions
February 13, 20206 min
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...
PayPal Completes Acquisition of Honey
January 8, 20203 min
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...
ShoppingGives Partners with PayPal
August 16, 20195 min
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...
YayPay Raises $8.4M in Funding on Its Quest to Turn Finance Teams into Revenue Heroes
December 13, 20186 min
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...