PayPal - News, Articles & Research

Company announcement/startups

PayPal Ventures invests in Skipify

Skipify, a leader in Frictionless Commerce that enables instant checkout on merchant websites and marketing channels, announced today a strategic investment round from PayPal Ventures, Synchrony, Amex Ventures and Okta Ventures.

28 February 2022

News/crime

PayPal reveals 4.5 million accounts were ‘illegitimate’, shares plummet

Discussing Q4 earnings with analysts, PayPal CFO John Rainey disclosed that 4.5 million accounts had been shut down after “bad actors” took advantage of incentives and rewards programmes, resulting in shares falling by 25%, according to Bloomberg.

03 February 2022

News/payments

PayPal rolls out Pay in 30 across Germany

PayPal is launching an extension to its buy now, pay later service in Germany, enabling users to pay in full for online transactions up to €1000 30 days after completion.

31 January 2022

News/crypto

Disagreement among Lords: A busy week for digital currency

We knew policymakers and financial leaders would be at their battle stations come 2022, and the updates rolling in across the crypto, CBDC and stablecoin fronts are coming thick and fast. We’ve rounded up the key updates from the private and public sector to make headlines this week:

14 January 2022

News/crypto

PayPal explores creating own stablecoin

Payments giant PayPal is "exploring" the launch of its own dollar-backed stablecoin.

10 January 2022

News/regulation

CFPB hauls in five BNPL firms to kickstart inquiry

The US Consumer Financial Protection Bureau (CFPB) has launched an inquiry into the buy now, pay later market amid concerns about accumulating debt levels and data harvesting by vendors.

17 December 2021

News/payments

Irish banks’ mobile payments plan hits roadblock

A payments app developed by Ireland’s high street banks to compete with digital banks has hit a snag after it was announced that the Competition and Consumer Protection Commission (CCPC) would launch an investigation.

09 December 2021

Company announcement/payments

TrustPay forms partnership with PayPal

TrustPay, an European provider of acquiring services and online payments solutions, has announced new partnership with PayPal.

08 December 2021

News/crypto

Citi, Visa, AmEx invest in crypto-compliance platform TRM Labs

Blockchain intelligence platform TRM Labs has raised $60 million in a Series B funding round joined by a host of big-name firms, including Visa, Amex Ventures, Citi Ventures, PayPal Ventures, and Block (formerly Square).

07 December 2021

Company announcement/regulation

PayPal and JPMorgan invest in business compliance startup Laika

Laika, the industry's first unified compliance-as-a-service platform, announced today that the company has closed $35 million in Series B funding led by J.P. Morgan Growth Equity Partners with participation from PayPal Ventures and all existing investors including Bain Capital Ventures, Canapi, Dashfund, Nyca and ThirdPrime.

08 November 2021

News/payments

PayPal says not currently looking to buy Pinterest

PayPal's share price rose by four per cent on Monday after the firm said it is not pursuing an acquisition of social media firm Pinterest "at this time".

25 October 2021

News/regulation

US consumer watchdog probes Big Tech's use of payment data

The US Consumer Financial Protection Bureau (CFPB) has ordered Amazon, Apple, Facebook, and Google to hand over information on their payment system plans so that it can see how they gather and use customer data.

21 October 2021