PYMNTS-MonitorEdge-May-2024

PayPal

All around the world, PayPal connects hundreds of millions of people sending and receiving billions of dollars.

To get started with PayPal, link your credit cards, debit cards and bank accounts to your PayPal account. Once they are securely linked, you won’t need to enter this information again. Now you can use PayPal online, in stores, or to send money to a friend. Helping people find better ways to pay, get paid and manage money is at the heart of everything we do.

Source: paypal.com

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Judge Sides With PayPal in CFPB Lawsuit Regarding Digital Wallets
Judge Sides With PayPal in CFPB Lawsuit Regarding Digital Wallets
April 01, 2024  |  Legal

PayPal won a legal victory against the U.S. consumer protection watchdog. According to court documents cited in a Friday (March 29) Law 360 report, U.S. District...

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PayPal Ventures Backs $47 Million Fundraise for InsurTech Qoala
PayPal Ventures Backs $47 Million Fundraise for InsurTech Qoala
March 27, 2024  |  Investments

InsurTech Qoala has raised $47 million in a funding round led by PayPal Ventures and MassMutual Ventures.  The Series C round, announced Wednesday (March 27), will let the Malaysia-based Qoala expand its...

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Navro Names PayPal Vet Colin Moss-Davies as Revenue Chief
Navro Names PayPal Vet Colin Moss-Davies as Revenue Chief
March 21, 2024  |  Personnel

British payments firm Navro has named a PayPal veteran to serve as its chief revenue officer. Colin Moss-Davies, PayPal’s former head of sales, was named to his new position...

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PayPal-Backed NX Technologies Raises $24 Million to Streamline Automotive Payments
PayPal-Backed NX Technologies Raises $24 Million to Streamline Automotive Payments
March 20, 2024  |  Investments

NX Technologies raised 22 million euros (about $24 million) in a Series B funding round led by PayPal Ventures. The company will use the capital to strengthen...

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The Apple Pay Threat Facing Banks
The Apple Pay Threat Facing Banks
March 18, 2024  |  Apple Pay

A friend was preparing for a once-in-a-lifetime yoga retreat to a fancy resort in Malaysia. The trip was a long one with stopovers in Qatar...

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CE 100 Index Gives Up 1.2%, Led by Zillow’s Share Slide
CE 100 Index Gives Up 1.2%, Led by Zillow’s Share Slide
March 18, 2024  |  Connected Economy

The CE 100 Index lost 1.2% as the end of earnings season is in sight. Year to date, the Index has trailed several of the...

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PayPal Appoints Ex-SoFi Executive Aaron J. Webster as Chief Enterprise Services Officer
PayPal Appoints Ex-SoFi Executive Aaron J. Webster as Chief Enterprise Services Officer
March 13, 2024  |  Personnel

PayPal has appointed former SoFi executive Aaron J. Webster as executive vice president, chief enterprise services officer, effective Monday (March 18). In his new role, Webster will be responsible for...

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Banyan Appoints Ex-Uber, PayPal Executive Vish Shastry as Chief Product Officer
Banyan Appoints Ex-Uber, PayPal Executive Vish Shastry as Chief Product Officer
March 08, 2024  |  Personnel

Banyan has appointed former Uber, PayPal and Visa executive Vish Shastry as chief product officer. “We are thrilled to welcome Vish to Banyan,” Jehan Luth, founder and CEO of Banyan, said in a Thursday...

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PayPal Opens iPhone Tap to Pay for Venmo Business Users
PayPal Opens iPhone Tap to Pay for Venmo Business Users
March 07, 2024  |  Mobile Payments

PayPal has expanded its Tap to Pay on iPhone offering in the U.S. The company said in a Thursday (March 7) press release that the service...

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