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 Tarform debuted new e-motorcycles but is there a U.S. market? Naspers announces $300 million initiative to support startups and tech in South Africa Africa’s VC landscape is becoming more […]
View More Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifiesCategory: PayPal
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’s top messaging firm. The deal comes as the country’s P2P marketplace continues to grow with a competitive field of players. A newer arrival […]
View More Korean lending startup PeopleFund raises $11M led by chat app Kakao’s payment unitAs 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-commerce companies, eBay the 20-year-old lumbering Pez dispenser of an e-tailer, keeps plugging along. Now, as it manages to eke out another earnings win by matching analysts’ expectations, the […]
View More As stock rises on a slim earnings beat, eBay tells analysts to focus on payments and adsGab, a racist-friendly alt-Twitter, has been banned by PayPal and others
Gab, the self-described “free speech social media platform” that’s provided a home for people like the suspect in Pittsburgh’s synagogue shooting (as well as a lineup of noteworthy racists), is losing support.
PayPal has banned Gab, while hosting com…
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 integrated experience within both PayPal and the Amex apps, among other things. The deal is similar to those PayPal earlier struck with Visa and MasterCard., and follows a series […]
View More PayPal and American Express expand partnership, will allow use of points for PayPal purchasesVenmo 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 balance slipping away. The fee for instant transfers where a user would move their Venmo balance to their bank account via debit […]
View More Venmo bumps up instant transfer fee to 1 percent of the total amountWalmart 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 well as the ability for PayPal Cash MasterCard customers to access their cash balance in-store at service desks, ATMs and cash registers. The […]
View More Walmart will now allow shoppers to access PayPal cash in storesHow 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.
View More How the 22-year-old founders of Brex built a billion-dollar business in less than 2 yearsAfrican financial technology startups move beyond payment services
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 African financial technology startups move beyond payment services Africa Roundup: Paga goes global and 4 startups raise $99M in VC If mobile money was the first phase in the […]
View More African financial technology startups move beyond payment servicesAfrica 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 Polestar unveils first production EV with aim to overtake Tesla Liquid Telecom goes long on Africa’s startups as future clients Nigerian digital payments startup Paga is gearing up for international expansion […]
View More Africa Roundup: Paga goes global and 4 startups raise $99M in VCMozilla 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 as a result went far enough. This week, Mozilla says it delivered a petition signed by 25,000 Americans asking Venmo to set transactions shared in its […]
View More Mozilla pushes PayPal to make Venmo transactions private by defaultPayPal makes it harder to buy shady supplements from Infowars
PayPal confirmed Friday that it was dropping support for all Infowars websites, where conspiracy theorist Alex Jones makes serious cash selling shady health supplements.
“Our values are the foundation for the decision,” a PayPal spokesperson told Mas…