PayPal to avoid Chinese competition with new cross-border wallet
US giant aims to create a bridge into China with its new service.
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PayPal
PayPal buys Israeli crypto wallet Curv for its new blockchain unit
PayPal expects the acquisition to close in the first half of 2021.
Codat secures investment from Amex and PayPal
Codat gains big backers as it gears up for US launch.
PayPal posts 22% revenue rise on back of e-commerce growth
2020 set unprecedented records for PayPal, but its 2021 outlook is more conservative.
PayPal weighs up crypto acquisitions following major wallet update
BitGo had a valuation of around $170 million in 2018.
PayPal brings crypto further into mainstream with wallet update
PayPal landed the first conditional crypto licence from the NYSDFS.
PayPal nabs Wells Fargo’s Peggy Mangot for venture capital role
Mangot was behind the launch of Wells Fargo’s challenger app Greenhouse.
PayPal and Venmo to “allow buys and sells of crypto directly”
It is understood the services will offer “a built-in wallet functionality” so you can store crypto.
Tink lands second strategic investment from PayPal
As part of the deal Tink will cover all countries in EEA for PayPal.
Plaid and Honey: How consolidation helps and hinders competition
Consolidation is now becoming synonymous with standardisation – breeding competition.
Top fintech stories this week – 12 July 2019
N26 has superhero-landed in the US, new hip bank in Spain, and more!
Visa and PayPal’s new deal
While the US service is powered via a partnership with JPMorgan Chase, PayPal’s Instant Transfer in Canada is powered by Visa’s push payments system, Visa Direct.
E-wallets and beyond: are cryptos the next step in online casino transactions?
Challenging the dominance of traditional banks within the online casino industry.
Paysend secures $4.2m crowdfunding for global expansion
The round hit its target in less than 72 hours.
Tink secures strategic investment from PayPal
The investment from PayPal adds $11.2 million to Tink’s capital.
PayPal invests in potential collaboration with Cambridge Blockchain
The funding is an extension of the firm’s Series A round.
Video: fintech news weekly round-up – 18 March 2019
More open banking news, fintechs in LatAm, an a MasterCard acquisition.
Top fintech stories this week – 15 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
PayPal picks Temenos T24 core banking system
T24 will support PayPal’s operations in the US, UK, Germany and Australia.
Could PayPal dethrone banks when it comes to small business loans?
In the field of small business loans, PayPal is certainly changing the traditional paradigm.
US tech watch: Gradifi, Numerated, Jibo, Corvus, Botkeeper
Boston bosses this one. A wave of cash for finance and insurance tech start-ups, and a robotic assistant goes dark.
Is PayPal working in the gambling industry?
The international gaming industry is one of the great success stories of modern commerce.
Walmart and PayPal join forces for cash transactions
First time for PayPal to transact in cash, but each cash transaction is priced at a flat, $3 service fee.
Uber and Venmo link up for payments
Simplifying the way Uber users can pay with Venmo.
Powerful PayPal parades financial prowess
Revenue, income and payment volumes are all up.
PayPal leads $50m funding round in PPRO
Citi Ventures and return investor HPE Growth Capital also participated
Top fintech stories this week – 13 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
PayPal CEO commits to $3bn a year in M&A spending
Spending spree is not slowing down yet.
Synchrony to buy PayPal’s consumer credit receivables
This frees up liquidity for PayPal. Hmmm?
Venmo shines brightly in debit card roll-out
The card’s beta is now closed, and the public roll-out has started.
PayPal gets anti-fraud ability with $120m acquisition of Simility
Buys fraud prevention and risk management platform.
Hyperactive PayPal acquires Hyperwallet for $400m
Gives it more payment solutions to e-commerce platforms and marketplaces.
PayPal and Google Pay deepen payments relationship
More payment options across the Google ecosystem are on the way.
Top fintech stories this week – 4 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Dosh raises $44m, PayPal among investors
PayPal headlines Dosh’s $44m payday for advertising-rebate business.
PayPal targets unbanked market with banking products
Plans include bank partnerships and a PayPal Cash Mastercard.
Amazon eyes PayPal’s crown with Alexa payments platform
E-commerce titan could be taking on Visa, Mastercard and PayPal.
PayPal settles FTC complaints over Venmo vagueness
FTC reaches settlement over allegations that PayPal provided inaccurate payments information to Venmo users.
eBay ditches PayPal for Adyen
Dutch outfit Adyen fits – and becomes primary processing partner.
PayPal powers BofA Merrill digital payments
US-based commercial clients can now make payments in local currencies.
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