Paypal

PayPal currently holds $943 million (roughly Rs. 7,740 crore) in the form of its users’ crypto asset holdings. The company revealed this information in a filing with the US Securities and Exchange Commission (SEC). Founded in 1998, PayPal has been enabling customers to buy, sell, and hold cryptocurrency in October 2020.

EU antitrust regulators are seeking more information on Apple's mobile payment system, the European Commission said on Wednesday, a sign that the enforcer is looking to close any loopholes and boost its case against the iPhone maker.

Apart from co-founding PayPal, Peter Thiel was the first outside investor in Facebook and an original partner in the venture capital firm Founders Fund.

Apple on Tuesday launched its "buy now, pay later" (BNPL) service in the US, a move that threatens to disrupt the fintech sector dominated by firms like Affirm Holdings and Swedish payments company Klarna.

PayPal has co-led the funding round with venture capital firm Galaxy in collectively pledging $20 million (roughly Rs. 165 crore) towards Chaos Labs. Six angel investors joined the other 23 organisations that poured capital into Chaos Labs in its seed funding. These firms include Polygon, Coinbase Ventures, and OpenSea, among others.

PayPal is pausing work on its stablecoin as regulators increase scrutiny of cryptocurrencies and a key partner in the project faces a probe by the New York State Department of Financial Services. Stablecoins are intended to hold a set value, and some are underpinned by a matching reserve of assets such as cash and bonds.

PayPal on Tuesday said it would cut 7 percent of its workforce, or about 2,000 employees, as the digital payments firm looks to cut costs amid the ongoing economic slowdown facing the technology industry. The company joins titans like Meta, Amazon, and Microsoft that have all recently announced layoffs.

PayPal Holdings Inc said on Tuesday it is planning to cut 7% of its workforce, or about 2,000 employees, the latest in a list of fintech firms to be hit by the economic slowdown.

In the second half of 2023, seven major banks could co-launch a digital wallet service. These banks include Wells Fargo, Truist, Capital One, PNC Bank, and the US Bank along with Bank of America and JP Morgan. The banks involved in this project are looking to prevent losing customers, who are accustomed to using instant online payment services and ...

PayPal has decided to start crypto offerings in the European Union (EU) with Luxembourg being its entry point. Bitcoin, Ether, Bitcoin Cash, and Litecoin have been chosen as the first four crypto assets that would be supported by PayPal for starters. The company is also willing to collaborate with the Luxembourg authorities in their process of shap...

PayPal Holdings shares dropped nearly 6 percent in morning trade on Friday after the digital payments heavyweight lowered its annual revenue forecast, warning of a bleak holiday quarter as consumers cut back on discretionary spends. Decades-high inflation has hit the purchasing power of consumers who also have to contend with the threat of a loomi...

Mastercard and Paxos have partnered to unveiled a service that will help connect banks with the world of cryptocurrencies, a key step in its effort to help lenders serve clients in that new business area.

PayPal Holdings said it has no intention of fining customers for spreading misinformation, after attracting criticism for publishing a new user agreement outlining such a plan. The issue gained traction over the weekend after the company published policy updates prohibiting users from using the PayPal service for activities identified by the compan...

Digital payments giant Paypal has been added to the Travel Rule Universal Solution Technology (TRUST) network, joining a host of big names in crypto that have moved to comply with digital asset travel rules.

Google parent Alphabet has invested a whopping sum of $1.5 billion (roughly Rs. 11,900 crore) in the blockchain industry. As per a Blockdata analysis, a total of 40 companies collectively invested around $6 billion (roughly Rs. 47,600 crore) into blockchain startups between September 2021 and June 2022.

PayPal currently holds $943 million (roughly Rs. 7,740 crore) in the form of its users’ crypto asset holdings. The company revealed this information in a filing with the US Securities and Exchange Commission (SEC). Founded in 1998, PayPal has been enabling customers to buy, sell, and hold cryptocurrency in October 2020.

EU antitrust regulators are seeking more information on Apple's mobile payment system, the European Commission said on Wednesday, a sign that the enforcer is looking to close any loopholes and boost its case against the iPhone maker.

Apart from co-founding PayPal, Peter Thiel was the first outside investor in Facebook and an original partner in the venture capital firm Founders Fund.

Apple on Tuesday launched its "buy now, pay later" (BNPL) service in the US, a move that threatens to disrupt the fintech sector dominated by firms like Affirm Holdings and Swedish payments company Klarna.

PayPal has co-led the funding round with venture capital firm Galaxy in collectively pledging $20 million (roughly Rs. 165 crore) towards Chaos Labs. Six angel investors joined the other 23 organisations that poured capital into Chaos Labs in its seed funding. These firms include Polygon, Coinbase Ventures, and OpenSea, among others.

PayPal is pausing work on its stablecoin as regulators increase scrutiny of cryptocurrencies and a key partner in the project faces a probe by the New York State Department of Financial Services. Stablecoins are intended to hold a set value, and some are underpinned by a matching reserve of assets such as cash and bonds.

PayPal on Tuesday said it would cut 7 percent of its workforce, or about 2,000 employees, as the digital payments firm looks to cut costs amid the ongoing economic slowdown facing the technology industry. The company joins titans like Meta, Amazon, and Microsoft that have all recently announced layoffs.

PayPal Holdings Inc said on Tuesday it is planning to cut 7% of its workforce, or about 2,000 employees, the latest in a list of fintech firms to be hit by the economic slowdown.

In the second half of 2023, seven major banks could co-launch a digital wallet service. These banks include Wells Fargo, Truist, Capital One, PNC Bank, and the US Bank along with Bank of America and JP Morgan. The banks involved in this project are looking to prevent losing customers, who are accustomed to using instant online payment services and ...

PayPal has decided to start crypto offerings in the European Union (EU) with Luxembourg being its entry point. Bitcoin, Ether, Bitcoin Cash, and Litecoin have been chosen as the first four crypto assets that would be supported by PayPal for starters. The company is also willing to collaborate with the Luxembourg authorities in their process of shap...

PayPal Holdings shares dropped nearly 6 percent in morning trade on Friday after the digital payments heavyweight lowered its annual revenue forecast, warning of a bleak holiday quarter as consumers cut back on discretionary spends. Decades-high inflation has hit the purchasing power of consumers who also have to contend with the threat of a loomi...

Mastercard and Paxos have partnered to unveiled a service that will help connect banks with the world of cryptocurrencies, a key step in its effort to help lenders serve clients in that new business area.

PayPal Holdings said it has no intention of fining customers for spreading misinformation, after attracting criticism for publishing a new user agreement outlining such a plan. The issue gained traction over the weekend after the company published policy updates prohibiting users from using the PayPal service for activities identified by the compan...

Digital payments giant Paypal has been added to the Travel Rule Universal Solution Technology (TRUST) network, joining a host of big names in crypto that have moved to comply with digital asset travel rules.

Google parent Alphabet has invested a whopping sum of $1.5 billion (roughly Rs. 11,900 crore) in the blockchain industry. As per a Blockdata analysis, a total of 40 companies collectively invested around $6 billion (roughly Rs. 47,600 crore) into blockchain startups between September 2021 and June 2022.