Tag : PayPal

Divvy Raises $165 Million at a $1.6 Billion Valuation
Business Fintech Investment Services News

Divvy Raises $165 Million at a $1.6 Billion Valuation

Fintech News Desk
by Fintech News Desk0
Series D Investment will drive Divvy’s expansion beyond business expense management Divvy, a leader in spend management,  announced a $165 million funding round at a valuation of $1.6 billion. The Series D investment includes new investors Hanaco, PayPal Ventures, Whale Rock, Schonfeld, and participation from previous backers NEA, Insight Venture Partners, Acrew,......
PayPal Check-Cashing Fees Waived For Second Round Of Government-Issued Stimulus Checks
Fintech News

PayPal Check-Cashing Fees Waived For Second Round Of Government-Issued Stimulus Checks

Fintech News Desk
by Fintech News Desk0
With the recent passage of the second COVID-19 relief bill which included stimulus payments for individuals, PayPal Holdings, has announced that check-cashing fees associated with the PayPal cash-a-check feature are being waived for government stimulus paper check recipients, enabling more customers to access their funds usually within minutes, from the......
PayPal's Xoom adds UPI payments enabling NRIs and PIOs to remit money to India in real time
Business Fintech News

PayPal’s Xoom Adds Upi Payments Enabling Nris and Pios to Remit Money to India in Real Time

Fintech News Desk
by Fintech News Desk0
Innovative UPI integration to help with increased convenience and grow international remittances into India Xoom, PayPal’s international digital money transfer service announced its integration with NPIL’s/NPCI’s Unified Payments Interface (UPI), a real-time payment system facilitating inter-bank transactions in India. Non-Residential Indians (NRIs) and Persons of Indian Origin (PIOs) living in the United......
PayPal-Announces-Additional-_5-Million-Grant-Program-for-Black-Owned-Businesses-as-COVID-19-Crisis-Continues
Business Fintech Mobile Banking News

PayPal Announces Additional $5 Million Grant Program for Black-Owned Businesses as COVID-19 Crisis Continues

Fintech News Desk
by Fintech News Desk0
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced an additional $5 million grant program that will further the company’s support for Black-owned businesses in the U.S., which have been disproportionately affected by the economic impacts of the COVID-19 pandemic. The new grant program is an extension of the $10 million PayPal Empowerment Grant program for Black-owned......
Artificial Intelligence Featured Fintech Mobile Banking

AI Powered Fintech Platforms That Are Enabling Better Cashless Payments

Fintech News Desk
by Fintech News Desk0
Artificial Intelligence makes cashless payments seamless and simple. Undoubtedly, artificial intelligence has turned out to be the backbone of the Fintech revolution. From the high yielding ROI to an added hand at cybersecurity and judging fraudulent activities before they happen, AI has multi-faceted uses that is helping fintech grow exponentially.......
Paxos Raises $142 Million in Series C Funding
Blockchain Fintech Fintech Funding News

Paxos Raises $142 Million in Series C Funding

Fintech News Desk
by Fintech News Desk0
Paxos has raised $240 million total, making it a top funded blockchain company Paxos will continue to grow and expand its financial market infrastructure platform Paxos, the first regulated blockchain infrastructure platform, today announced it has closed a $142 million Series C round of funding. Declaration Partners, the investment firm backed by the......
Splitit Announces Appointment of Tyson Hackwood as Head of Market Development, APAC
Business Fintech News

Splitit Announces Appointment of Tyson Hackwood as Head of Market Development, APAC

Fintech News Desk
by Fintech News Desk0
Part of Splitit’s broader investment in its ‘go to market’ strategy Splitit Payments Ltd, a global instalment payment technology company, has appointed Tyson Hackwood as Head of Market Development, Asia-Pacific. Based in Sydney, Tyson will be responsible for growing the company’s presence in the APAC region. Read More: ApexEdge Launches......
PayPal launches touch-free payments in-store with iZettle's point of sale app to support UK businesses post-lockdown
Business Fintech News

PayPal Launches Touch-Free Payments in-Store With Izettle’s Point of Sale App to Support UK Businesses Post-Lockdown

Fintech News Desk
by Fintech News Desk0
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 today launched QR code payments in iZettle’s point of sale app, allowing small businesses across the UK – from retailers to florists and cafes – to accept safe and......
PayPal-Processed-More-than-_185-Million-in-Donations-this-GivingTuesday-in-A-Year-Unlike-Any-Other
Banking Fintech News

PayPal Processed More than $185 Million in Donations This GivingTuesday In A Year Unlike Any Other

Fintech News Desk
by Fintech News Desk0
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it processed a record-breaking $185 million globally this GivingTuesday, the largest amount raised on the platform for the global day of giving since its inception in 2012. With a 40 percent increase in donations processed over 2019, more than 1.75 million PayPal customers across 198......
Xoom, a PayPal service, announces secure money transfers to mobile wallets in 12 countries in Africa
Business Fintech News

Xoom, a PayPal Service, Announces Secure Money Transfers to Mobile Wallets in 12 Countries in Africa

Fintech News Desk
by Fintech News Desk0
– Helps reduce the cost of sending money to Africa – Xoom, PayPal’s money transfer service, announced that the company’s customers in the US, UK, Canada and Europe can now send secure and convenient money transfers directly to mobile wallets in key markets across Africa with a focus on the......
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