paypal
Ex-PayPal Chief David Marcus Launches Stablecoin Platform to Take On Traditional Banking Rails
- Lightspark’s Grid Global Accounts compete with stablecoin-native platforms like Stripe’s Bridge, Agora, and Bastion.
- Meta’s Libra (later Diem) failed after regulatory pushback, leading to its shutdown in 2022.
Tuesday, 28/04/2026 | 20:33 GMT by
Jared Kirui
PayPal Becomes NFL P2P Payments Partner in Multi-Year Agreement
- The fintech firm joins American Express and U.S. Bank as part of the NFL’s growing push into cards.
- Robinhood recently expanded its prediction markets with parlay-style contracts tied to NFL games.
Tuesday, 21/04/2026 | 14:24 GMT by
Jared Kirui
PayPal Applies to Establish Bank Targeting US Retail and Small Business Lending
- Shares rose 1.5% after the announcement, with PayPal reporting quarterly revenue of $8.4 billion.
- Wise considers UK banking licence and US trust bank for direct dollar settlements.
Tuesday, 16/12/2025 | 07:16 GMT by
Tareq Sikder
SEC Ends PayPal's Stablecoin (PYUSD) Investigation With No Enforcement Action
- The SEC has closed its investigation into PayPal’s stablecoin PYUSD, following similar recent decisions to end probes into crypto companies.
- In the meantime, PayPal reports strong earnings and launches new crypto initiatives.
Wednesday, 30/04/2025 | 06:30 GMT by
Damian Chmiel
Crypto.com Enables PayPal Payments for Crypto Purchases in EU
- PayPal has been increasing its involvement in digital assets, offering crypto buying, selling, and transfers in select markets.
- This feature reduces friction for users who prefer not to link a bank account or use a credit card for crypto transactions.
Thursday, 03/04/2025 | 18:49 GMT by
Jared Kirui
PayPal Integrated into Paybis as Trump Appoints David Sacks AI & Crypto Czar
- PayPal’s infrastructure reduces fraud checks and errors for better transaction success rates.
- The incoming US administration, including SEC and CFTC officials, is expected to shape crypto policy.
Monday, 09/12/2024 | 17:51 GMT by
Tareq Sikder
PayPal Expands in China: Seeks a Piece of the $331 Billion Industry
- The American payments giant has launched a new “all-in-one” payment platform for Chinese merchants.
- Chinese merchants can easily reach over 400 million active PayPal users and billions of international consumers.
Monday, 30/09/2024 | 08:06 GMT by
Arnab Shome
PayPal Expands US Point-of-Sale with 5% Cashback and Apple Wallet Integration
- The firm targets the $4.55 trillion US debit card market with increased cashback.
- A report shows 24% of debit cardholders earned cashback in 2023, versus 74% of credit cardholders.
Thursday, 05/09/2024 | 15:47 GMT by
Tareq Sikder
PayPal and Fiserv Deepen Partnership to Enhance Payment Solutions for Merchants
- The collaboration focuses on enhancing customer checkout experience to make transactions faster and more efficient.
- A key part of this expansion is the integration of PayPal's Fastlane into Fiserv's ecosystem.
Thursday, 29/08/2024 | 12:57 GMT by
Jared Kirui
Poland Fines PayPal $27.3M over Ambiguous User Agreements: Report
- The Office of Competition and Consumer Protection found PayPal's terms ambiguous, making it hard for users to understand prohibited activities and penalties.
- This ambiguity reportedly allows PayPal the discretion to block accounts without clear justification.
Monday, 15/07/2024 | 18:51 GMT by
Jared Kirui
PayPal Names Walmart's Former Executive Srini Venkatesan as Chief Technology Officer
- Venkatesan has extensive experience in the tech and retail sectors, having previously worked for Walmart, Yahoo, eBay, StubHub, and Marketo.
- He will lead operations in analytics, data science, AI, machine learning, and information security, among others.
Thursday, 20/06/2024 | 13:07 GMT by
Jared Kirui
PayPal Partners with MoonPay to Expand Crypto Adoption in the US
- Users can utilize PayPal for wallet transfers, bank transfers, and debit card transactions on MoonPay.
- This collaboration aims to enhance the accessibility and convenience of buying and trading cryptocurrencies.
Thursday, 02/05/2024 | 17:02 GMT by
Jared Kirui
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