PayPal

Payment service Toss becomes Korea’s newest unicorn after raising $80M

South Korea has its fourth unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has raised an $80 million round at a valuation of $1.2 billion. This new rou

PayPal: Black Friday & Cyber Monday broke records with $1B+ in mobile payment volume

Black Friday broke records in terms of sales made from mobile devices, according to reports last week from Adobe. This week, PayPal said it saw a similar trend during the Thanksgiving to Cyber Monday

Vision Direct reveals breach that skimmed customer credit cards

European online contact lens supplier Vision Direct has revealed a data breach that compromised full credit card details for a number of its customers, as well as personal information. Compromised dat

MetaCert can catch phishing links in your email

MetaCert, founded by Paul Walsh, originally began as a way to watch chat rooms for fake Ethereum scams. Walsh, who was an early experimenter in cryptocurrencies, grew frustrated when he saw hackers du

Poynt raises $100M for its smart payment terminal

Palo Alto-based Poynt was launched in 2014 by the former head of Google Wallet and longtime PayPal executive Osama Bedier. 

PayPal shuts down accounts for Proud Boys and founder McInnes as well as antifa groups

PayPal has shut down several accounts, including those for far-right group the Proud Boys and their founder, Gavin McInnes, for the promotion of "hate, violence, or other forms of intolerance." Severa

Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Africa Roundup: Terragon’s Asia acquisition, Twiga Foo

Korean lending startup PeopleFund raises $11M led by chat app Kakao’s payment unit

South Korean peer-to-peer lending startup PeopleFund is in the money itself after it raised an $11 million Series B funding round that was led by Kakao Pay, the fintech division of Kakao, Korea&#8217

As stock rises on a slim earnings beat, eBay tells analysts to focus on payments and ads

Despite increasing competition from traditional retailers like Walmart and Target, which have invested heavily in e-commerce, and the whupping it’s routinely taking from Amazon among pure e-comm

Eaze co-founder Keith McCarty raises $5M for his new B2B cannabis startup

Craft Ventures has led the round for WAYV.

Confirmed: ShopRunner acquires Spring, raises $40M

ShopRunner has raised $40 million and confirmed its acquisition of ecommerce marketplace Spring.

PayPal and American Express expand partnership, will allow use of points for PayPal purchases

PayPal this week announced an expanded relationship with American Express that will allow cardholders to use their Membership Rewards points when shopping from PayPal merchants, as well as more integr

Venmo bumps up instant transfer fee to 1 percent of the total amount

If you’re a frequent Venmo user, you might want to double-check your settings because the company just changed up their fee structure for instant transfers and it may result in more of your bala

Walmart will now allow shoppers to access PayPal cash in stores

Walmart and PayPal this morning announced a partnership that will see the two collaborating on financial services and products, including new PayPal cash in and cash out services at Walmart stores, as

How the 22-year-old founders of Brex built a billion-dollar business in less than 2 years

Henrique Dubugras and Pedro Franceschi, the co-founders of Brex, have raised $125 million at a $1.1 billion valuation just four months after the startup's public launch.

African financial technology startups move beyond payment services

If mobile money was the first phase in the development of digital finance in Africa, the next phase of digital financial services on the continent will focus on lending, insurance and wealth manageme

Africa Roundup: Paga goes global and 4 startups raise $99M in VC

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Africa Roundup: Terragon’s Asia acquisition, Twiga Foo

Mozilla pushes PayPal to make Venmo transactions private by default

Earlier this year, the FTC settled with PayPal over the company’s handling of privacy disclosures in its peer-to-peer payments app Venmo, but Mozilla doesn’t think the changes Venmo made a

Circle wants more women to invest in cryptocurrency

The earliest adopters of Bitcoin — the libertarian anarchist “cypherpunk” crowd — were mostly men. Today, roughly a decade after Satoshi Nakamoto’s famed white paper was

PayPal’s one-touch, localised payment options go global

E-commerce in the US is synonymous with using credit or other payment cards, but the story outside the US is very different. A fragmented mix of options — such as cash on delivery, bank transfer
Load More