Hot payments startup Stripe has landed a new round of funding from investors including American Express, Visa and Sequoia Capital, valuing the San Francisco-based company at $5 billion.
PayPal today announced that they have teamed up with TransferTo, a global airtime remittance leader, to offer mobile airtime top-up in Canada.
Palantir Technologies, a big data startup co-founded by Peter Thiel, has completed a massive $450 million funding round that values the company at $20 billion.
When we launched PayPal Invoicing back in 2004, we did so as a part of our effort to serve as an end-to-end solution for businesses. PayPal isn’t just a payments processor or a method of payment, we offer a full range of tools to help businesses get paid faster and more securely -- and our invoicing tool is one such product. Last year alone, 2.5 million businesses of all sizes created and sent out PayPal invoices to make it seamless and more flexible for their customers to pay, and to make it quick and easy to get paid.
Shares in PayPal rose around five per cent on its first morning of trading back on the Nasdaq following its separation from eBay, valuing the firm at around $50 billion, considerably more than its former parent.
Earlier today, we learned that the European Central Bank (ECB) has officially approved the eBay-PayPal separation – the final approval we needed to complete our plan to create two dynamic, standalone public companies.
PayPal is forcing its way into the booming market for international remittances with a proposed $890 million acquisition of money transfer startup Xoom.
Following a backlash from customers and regulators, PayPal has moved to "clear up any confusion" on its policy for sending out automated phone calls and text messages.
EBay Inc. (EBAY) today announced that its board of directors has approved the completion of the previously announced separation of eBay and PayPal into independent publicly traded companies.
PayPal is to bring its One Touch for Web application to the UK and Canada, enabling consumers to pay for purchases online with a single click after their first login.
© Finextra Research 2015