The current crisis has shown itself to have a long list of unintended consequences and increased reserves on payments is...
The company raised $100 million from Tiger Global Management, valuing the company at $22.5 billion; Stripe last raised a $245...
Payments leaders PayPal and Square have both found the current crisis to be a challenge and a boost to their...
While most global stock markets have fallen by 10 percent or more the publicly traded payments companies have all see...
PayPal will offer loans to larger businesses that process payments with its platform and have access to new firms as a result of the acquisition; Swift Financial was founded in 2006 and extends credit with loans and advances; term loans of up to $500,000 will now be available to businesses; Darrel Esch, vice president and commercial officer of global credit at PayPal, stated, "This is an area where customers have been asking for more."; terms of the deal were not disclosed. Source
Fintechs PayPal and Intuit were the first two non-bank lenders to be approved to lend through the Small Business Association’s...
The new instant transfer is made possible through a partnership with JP Morgan Chase which allows PayPal to access the...
PayPal’s CFO John Rainey said 11 percent of the company’s 60 million customer inquires could be automated; the types of...
Venmo continues to pay dividends for PayPal with the p2p payments app growing payments volume by 56 percent in the...
PayPal COO Bill Ready talked to Karen Webster of PYMNTS.com about the decision to join Facebook’s project Libra; PayPal exists...