PayPal Funds Northeastern University in Launch of Major Research Project on Illegal Firearms Transactions

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

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

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

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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