Valar Ventures plans to raise $350 million across two new funds, according to a pair of SEC documents filed this morning.
View More Peter Thiel’s Valar Ventures targets $350M for new fundsCategory: PayPal
Facebook and PayPal pull pages of far right British activist filmed intimidating public figures
Facebook has confirmed it has removed the pages and profiles of a far right political activist in the UK after concerns were raised in parliament about aggressive intimidation of politicians and journalists trying to go about their business in and around Westminster. PayPal has also closed an account that was being used to solicit donations […]
View More Facebook and PayPal pull pages of far right British activist filmed intimidating public figures2019 looks to continue another lights out year for fintech startups
Dana Stalder Contributor Dana Stalder is a general partner at Matrix Partners and invests in fintech, consumer marketplaces and enterprise software. More posts by this contributor Financial technology startups emerged as serious challengers to financial services in 2017 New rules for hiring executive candidates Allen Miller Contributor Allen Miller is a venture captialist at Matrix […]
View More 2019 looks to continue another lights out year for fintech startupsNyca Partners’ Hans Morris hunts for great fintech investments amid volatility
Hans Morris is a name to know in fintech, and as finance and tech sectors prepare for tougher time next year, he has some incisive thoughts to share about the kinds of companies that will succeed (or not) in a financial downturn. The managing partner of investment firm Nyca Partners, Morris also serves as the […]
View More Nyca Partners’ Hans Morris hunts for great fintech investments amid volatilityPayment service Toss becomes Korea’s newest unicorn after raising $80M
South Korea has got its third 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 round is led by U.S. firms Kleiner Perkins and Ribbit Capital, both of which cut their first checks for Korea with this […]
View More Payment service Toss becomes Korea’s newest unicorn after raising $80MPayPal: 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 shopping event. PayPal saw a record-breaking $1 billion+ in mobile payment volume for the first time ever on Black Friday – a […]
View More PayPal: Black Friday & Cyber Monday broke records with $1B+ in mobile payment volumeVision Direct reveals breach that skimmed customer credit cards
European online contact lens supplier Vision Direct has revealed a data breach which compromised full credit card details for a number of its customers, as well as personal information. Compromised data includes full name, billing address, email address, password, telephone number and payment card information, including card number, expiry date and CVV. It’s not yet […]
View More Vision Direct reveals breach that skimmed customer credit cardsMetacert’ Cryptonite 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 dumping fake links into chat rooms, resulting in users regularly losing cash to scammers. Now Walsh has expanded his software to email. A […]
View More Metacert’ Cryptonite can catch phishing links in your emailPoynt 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.
View More Poynt raises $100M for its smart payment terminalPayPal bans Proud Boys, Gavin McInnes, and antifa groups
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PayPal isn’t quite done kicking problematic accounts off its platform.
The far-right group known as the Proud Boys and its founder, Gavin McInnes, just had their PayPal accounts cancelled today, Mashable can confirm.
Just 24 hours ago, the online payment processor banned the former leader of the anti-Muslim group English Defence League (EDL), UK far-right provocateur Tommy Robinson from using its platform to raise funds.
Proud Boys and McInnes — also a co-founder of Vice and far-right provocateur right here in the U.S. — are no strangers to being banned from online platforms.
Over the summer, both McInnes and his group found their accounts suspended from Twitter. Just last month, Facebook followed suit, closing their pages and banning them from the platform. Twitter cited a violation of its “policy prohibiting violent extremist groups” whereas Facebook deemed the group a “hate organization” when explaining the reason for the bans. Read more…
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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.” Several anti-fascist groups were also banned as part of the same wave of policy enforcement.
View More PayPal shuts down accounts for Proud Boys and founder McInnes as well as antifa groupsPayPal bans prominent UK far-right figure from using its services
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PayPal has banned Tommy Robinson, former leader of the far-right, anti-Muslim group English Defence League (EDL), from it’s platform.
In a statement sent to Mashable, the online payments company said that it doesn’t comment on individual cases, but that they carefully review accounts to make sure that they fit user guidelines.
“We do not allow PayPal services to be used to promote hate, violence, or other forms of intolerance that is discriminatory,” PayPal wrote, adding that “we work hard to achieve the right balance and to ensure that our decisions are values-driven and not political.” Read more…
More about Paypal, Far Right, Tommy Robinson, Culture, and Activism