PayPal

How PayPal is allocating its $535 million commitment to fight economic inequality

CEO Dan Schulman and executive VP of global sales Peggy Alford explain how they see diversity as central to the company’s mission.

Tech IPOs are still popping in 2021 as Affirm stock surges 80% in market debut

How’s this for a positive affirmation of the 2021 IPO market?

Why digital donations through Venmo and Cash App have exploded during the pandemic

People asking for money online has become more and more prevalent—and reveals an unsettling reality about the state of our safety net.

PayPal will soon let you pay with cryptocurrency, including Bitcoin, Litecoin, and Ethereum

Crypto is coming to PayPal soon and to Venmo by mid-2021.

How PayPal CEO Dan Schulman is leading a more inclusive way forward

He spent decades running with Wall Street’s wolves. Now he’s rethinking capitalism.

As banks choke, the Paycheck Protection Program expands lending to fintech firms

PayPal and Intuit Quickbooks have already signed on as lenders.

Not even Winnie-the-Pooh would pay this much for Honey

Wait, PayPal paid how much?

Men, do you want to be better allies to women at work? ‘Sometimes, be quiet’

Reshma Saujani, CEO of Girls Who Code, says gender equity requires building an allyship with men who know when to speak up—and when not to.

Now Facebook friends eBay, Stripe, and Mastercard are bailing on Libra too

In the span of one week, four big corporate partners have backed out of Facebook’s controversial plan to launch a digital currency called Libra.

Giving on PayPal has bucked the recent downward trends for philanthropy

What can we learn from a platform where giving is up this year, while overall giving is trending downward?

Is Silicon Valley doomed to become the next Detroit?

The moral and economic decline of Detroit’s elite offers an important cautionary tale for Silicon Valley.

PayPal is buying group payouts platform HyperWallet for $400 million

PayPal is trying to add more payment features for e-commerce businesses.

Tech Needs Architects

Fintech, in particular, could learn from the complexity of architecture and the built environment, writes Anthemis Group partner David Galbraith.

Affirm financing is now available in brick-and-mortar stores

Affirm, a point-of-sale lending startup, has popularized the use of online installment loans to pay for big-ticket purchases like sofas and mattresses. Now the company is bringing its technology into brick-and-mortar retail, starting with a dozen existing merchant partners, including Peloton and Simply Mac. By the end of the year, Affirm expects to be in … Continue reading “Affirm financing is now available in brick-and-mortar stores”

Report: Amazon wants to be your digital wallet

Amazon’s credit card for Prime members has been a sleeper hit since its January 2017 launch in partnership with JPMorgan Chase & Co. By controlling how Prime customers pay, Amazon can incentivize their loyalty and closely track their purchases. Now, Amazon is looking to move further into financial services. The retail giant asked banks including … Continue reading “Report: Amazon wants to be your digital wallet”

How Widely Do Companies Share User Data? Here’s A Chilling Glimpse

A new visualization by researcher Rebecca Ricks uses PayPal EU data to demonstrate the inscrutable ways companies share user data.

What Is It About Working At eBay That Makes Women Start Businesses?

The marketplace giant has a culture of entrepreneurship that inspired at least 15 women to start their own businesses. Here are lessons from six of them.

Apple Pay’s active users have doubled since fall 2016

TransferWise and Remitly raise mega-rounds in the new battle for cross-border payments

Globalization is in full swing these days, despite nationalist rumblings. And when goods and people are crossing borders, so too must money. At PayPal, for example, cross-border trade volume grew 41% last year, to over $18 billion. Payments startups are now making a run at that opportunity, with two of the most prominent announcing large … Continue reading “TransferWise and Remitly raise mega-rounds in the new battle for cross-border payments”