4/8/2024 4:51:25 PM PayPal’s PYUSD stablecoin now supports cross border payments By FinTech Collective PayPal announced the integration of its PYUSD stablecoin with its Xoom cross border payment app. U.S. customers can fund payments using...
11/16/2023 2:46:19 PM PayPal takes a stance and says blockchains are the new financial rails By FinTech Collective The payments giant says blockchain technology offers a fundamentally new way to transact and that its stablecoin PYUSD is responding to...
9/27/2023 10:25:07 PM PayPal's stablecoin, PYUSD, is now available on Venmo By FinTech Collective PayPal USD (PYUSD), PayPal’s on-chain, regulated, dollar-denominated stablecoin 100% backed by U.S. dollar deposits, short-term U.S...
9/1/2023 12:50:59 PM Colorado DMV taps PayPal to facilitate crypto payments By FinTech Collective The Colorado Division of Motor Vehicles (DMV) said Thursday it has begun accepting crypto as payment for online services as the state...
8/9/2023 1:13:17 PM PayPal launches dollar-backed stablecoin, boosting shares By FinTech Collective Payments giant PayPal (PYPL.O) said on Monday it has launched a U.S. dollar stablecoin, becoming the first major financial technology...
8/7/2023 1:50:45 PM PayPal launches U.S. dollar stablecoin By FinTech Collective PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S. dollar deposits,...
5/30/2023 4:57:01 PM PayPal enables crypto transfers By FinTech Collective Venmo-ing crypto is already here — the latest development in PayPal's nearly one-year-old service enabling on-chain transfers. It's an...
1/11/2022 10:05:56 PM PayPal mulling proprietary stablecoin to help drive platform growth By Sarah Wolter The potential stablecoin could be used alongside Bitcoin to make purchases through Checkout with Crypto and could be purchased on...
12/17/2021 2:08:34 PM PayPal, Affirm scrutinized over ‘buy now, pay later’ by CFPB By Carlos Alonso Torras PayPal, Affirm and Afterpay Ltd. are among several companies being scrutinized by U.S. regulators over their policies of letting...
9/22/2021 12:50:42 PM PayPal launches its ‘super app’ combining payments, savings, bill pay, crypto, shopping and more By Sarah Wolter These changes shift PayPal from being largely a payments utility that’s tacked on other offerings here and there, to being a more fully...
8/31/2021 1:01:02 PM PayPal is exploring a stock-trading platform for U.S. customers By Sarah Wolter The move comes amid a retail trading boom that brought millions of new investors into the stock market, along with more regulatory...
8/23/2021 1:12:00 PM PayPal launches its cryptocurrency service in the UK By Sarah Wolter PayPal’s crypto feature lets customers buy or sell bitcoin, bitcoin cash, ethereum or litecoin with as little as £1. Users can also track...
7/23/2021 1:02:29 PM Venmo removes public news feed over privacy concerns By FinTech Collective After years of defaulting public posts and joke transaction descriptions, Venmo has removed its global social feed. This comes after...
5/6/2021 1:54:10 PM PayPal to launch super app in Q3 2021 By Sarah Wolter PayPal President and CEO Dan Schulman’s interest of late has been in telling the tale of the connected economy and PayPal’s role in it as...
4/20/2021 1:42:43 PM PayPal to launch local wallet in China focused on cross-border payments By Sarah Wolter In January, the US fintech company became the first foreign firm with 100% ownership of a payments platform in China. But until now,...
3/16/2021 3:40:14 PM Flutterwave and PayPal collaborate to allow African merchants to accept and make payments By Sarah Wolter Congratulations to portfolio company Flutterwave, which announced a collaboration with PayPal to allow PayPal customers globally to pay...