PYMNTS

JULY 3, 2018

PayPal announced Tuesday (July 3) the closing of its deal with Synchrony , in which it acquired $7.6 billion in receivables from PayPal. In a press release, PayPal said the receivables include PayPal’s U.S. In a press release, PayPal said the receivables include PayPal’s U.S. through 2028.

PayPal

PYMNTS

OCTOBER 14, 2020

Plus, PayPal is rolling out its PayPal "Pay in 3" buy now, pay later (BNPL) offering in the U.K. PayPal Expands BNPL 'Pay i n 3' Option to the UK. PayPal is launching its 'Pay in 3' buy now, pay later (BNPL) offering in Britain. Nuvemshop, Latin America's Shopify, Raises $30M. and Paiement in 4x in France.

BNPL

PYMNTS

APRIL 9, 2020

Founded in 2008 by Lee Smith and Russell Cummer, Paidy has raised $224.6 Aside from ITOCHU, the company has also received funding from PayPal, Goldman Sachs and others. “We million across seven funding rounds.

BNPL

PYMNTS

MARCH 27, 2020

It’s too soon to tell how coronavirus will impact the venture capital ecosystem, but some analysts are turning to the economic crisis of 2008 to make some educated guesses. In a recent report, CrunchBase looked back at how VC investors reacted to the market downturn over a decade ago.

FinTech

PYMNTS

OCTOBER 22, 2020

When PYMNTS and PayPal surveyed consumers , it was found that a primary factor motivating most of them to shop with one merchant versus another is the availability and acceptance of their preferred payment methods. PayPal’s Global Push. in August, and Pay in 3 in the U.K. earlier this month. “At Affirm Eyes the Public Markets.

BNPL

PYMNTS

OCTOBER 22, 2020

Riders can pay for trips with PayPal, credit and debit cards, direct banking or Lyft Cash, among other options. Its biggest competitor is Uber, which launched in 2008. Headquartered in Silicon Valley, Lyft was co-founded by John Zimmer and Logan Green in 2012, although the company first launched in 2007 under the name Zimrides.

Venmo

PYMNTS

SEPTEMBER 30, 2016

In 2008, before its acquisition by PayPal, Michael led Product at Fraud Sciences, where he faced some of the most challenging questions in the cyber security ecosystem.

Advisors

The Payments Association

MARCH 19, 2025

In 1998, PayPal was born, and in 2008, blockchain was ushered into existence, quickly followed in 2009 by Bitcoins entry into the market. Sandwiched between these two step changes, when (in my opinion) the revolution really started, the UK introduced faster payments, which (arguably) led to the instant-everything era.

Push-to-Card

Fintech News

MAY 7, 2024

To enhance its global e-commerce operations, Shein has strategically partnered with various payment service providers such as Adyen, PayPal, Nuvei, and Klarna, facilitating shopping for its global customer base through seamless payments and cutting-edge technology. million active shoppers.

Cross-Border Payments

PYMNTS

AUGUST 8, 2017

In 2005, he founded Glue4 Technologies, which became Proxama in 2008, with the aim of linking people and brands via consumer technology. With the 2008 rebranding came a shift in focus to mobile, smart card and Near Field Communication (NFC) technologies. Thyngs announced news on Monday, Aug.

PayPal

PYMNTS

SEPTEMBER 18, 2018

15, 2008 fall of Lehman, which filed for bankruptcy that day. Outstanding credit card debt is at the second highest point seen since the end of 2008, and total outstanding debt stands at $1 trillion. Auto loans have mushroomed from $773 billion in 2008 to $1.2 The trigger for the look back has of course has been the Sept.

Innovation

CB Insights

APRIL 22, 2020

Fintech companies Ondeck , PayPal , and Intuit have received approval to participate as direct lenders. Most alternative lenders, such as BlueVine , and the algorithms their lending decisions rely on are a post-2008 phenomenon. As a result, many fintech lenders will see their lending algorithms stress-tested for the first time.

FinTech

CB Insights

JANUARY 5, 2021

Between 2008 and 2018, the number of commercial bank branches in the US has declined by more than 6%. Further, payment processors PayPal and Square became lenders for small businesses that were unable to secure loans from banks. First name. Company Name. Phone number. The dominance of physical banking has waned over the past 2 decades.

Online and Mobile Banking

PYMNTS

JULY 6, 2020

The challenges that led FinTechs to enter this space after the 2008 financial crisis still persist, however, motivating SMBs to demand their loans from these entities be quick and digital. Wires are manual, so that is not really as ideal, and [too] few SMBs have an active PayPal account [to make] that worthwhile,” she said. “It

Authentication

CB Insights

JULY 18, 2018

Website as of: March 2008. Affirm’s CEO and PayPal mafia member Max Levchin wanted to create a lender that made money without ripping off the consumer , and raised a $200M round at a $1.8B Website as of: January 2008. ” Hence, the company’s original slogan: “Travel like a human.” ” Flipkart.

Bitcoin

PYMNTS

JUNE 8, 2018

Tomich likened the solution to Bill Me Later, which was acquired by PayPal in 2008 and relaunched as PayPal Credit. “Customers utilize PayPal Credit in the B2C environment even though they have other credit cards. . A decade later, Tomich says B2B eCommerce is ready for a similar product.

Finance

CB Insights

FEBRUARY 13, 2020

PayPal and Square emerge as leaders in the payments space. PayPal and Square emerge as leaders in the payments space. PayPal was the first major company to pioneer a new online payments method for budding e-commerce sites like eBay, which previously relied on checks and money orders. TABLE OF CONTENTS. rate per transaction.

Online and Mobile Banking

PYMNTS

DECEMBER 19, 2016

He noted that the virtual currency was invented in 2008, and after 2012 and 2013, its holders were speculative and “not registered much on the value side”, and within the past year, bitcoin’s become a valuable property beyond which people will use to speculate. I have some funds in my wallet, and I need to spend it.’”.

Bitcoin

PYMNTS

JULY 5, 2017

It could be one of the largest deals JPMorgan has completed since the financial crisis of 2008. In 2015, it announced it was reworking Chase Pay to better compete with digital payment companies like PayPal. payment company Worldpay Group. credit card processor Vantiv. The company has also inked deals with retailers in the U.S.

Online and Mobile Banking

Fintech News

MAY 7, 2024

Founded in 2008, Perfios is a B2B SaaS company serving the banking, financial services and insurance industry in 18 countries, empowering 1,000+ financial institutions. The startup said it would use the proceeds to continue its international expansion to Southeast Asia, the Middle East, and Africa, and strengthen its global footprint.

Payment APIs and Integration

Green.Money

JULY 27, 2019

They went on an advertising spree and partnered with such companies as Paypal and Square, to name a few. It's comfortable with Apple Pay and Square and Paypal. Who took advantage of that? Visa, Mastercard, Amex, and Discover. They invented lots of new toys, such as wallets. They added points programs. They do the very same thing.

Wire Transfer

PYMNTS

SEPTEMBER 9, 2020

The paper said that exceeds the combined donations following the 9/11 attacks, the 2008 financial crisis, and hurricanes Harvey and Sandy, according to an analysis by Candid, a group that tracks global philanthropy. The company has also partnered with Stripe and PayPal to collect and process donations. Dream The World Better’ .

PayPal

PYMNTS

FEBRUARY 4, 2019

launched its own Faster Payments Service in 2008. Tech companies such as Amazon, Apple, PayPal, Google, Intuit, Square and Stripe submitted joint comments via a trade group called Financial Innovation Now that supported the move. billion in 2018 to $26.9 billion by 2023 — a CAGR of 30.9 Demand for these services is high.

Faster Payments

PYMNTS

JUNE 19, 2017

The company, launched in 2008, burst onto the scene to become one of the most well-known names in the tech platform space. From 2008 to now, the growth at Airbnb has been incredible, and it hasn’t been a market-by-market approach — it’s really grown and spread in every direction.

Payments

Fintech Labs Insights

OCTOBER 6, 2015

from July 2005 until it was acquired by PayPal, Inc., in October 2008. She led Credit Underwriting including Global Credit Technology at PayPal, Inc. from October 2008 to February 2014. Rice was an early senior technologist and led credit product development at Bill Me Later, Inc. a subsidiary of eBay, Inc.,

Small Business

Fintech Labs Insights

APRIL 14, 2016

Starting this week, PayPal users in the U.K. can now spread out the cost of larger purchases when using PayPal at an online retailer or paying with their PayPal digital wallet. Eligible customers may now enjoy interest-free financing on purchases over £150 ($212) for four months thanks to the launch of PayPal Credit.

PayPal

The Fintech Times

FEBRUARY 12, 2024

Following the Great Recession of 2008, many first-world nations adopted Zero Interest Rate Policy (ZIRP) as a means of boosting investment. Key to this has been interest rates: the very same mechanism that means that fuel and food is now more expensive than ever before also means that it is more expensive to borrow large sums of money.

Posting

The Fintech Times

JUNE 11, 2024

Gauthier is a long-time fintech specialist, having held senior leadership roles at the likes of Amazon , PayPal , and Visa , along with early and mid-stage payments and e-commerce startups. From there, I introduced e-commerce and tap-to-pay wallets at PayPal before joining Amazon to spearhead the launch of Amazon Pay.

Cross-Border Payments

The Fintech Times

JULY 2, 2024

He is also recognised for his role at Charter Court Financial Services , which he co-founded in 2008. Matt brings a wealth of payments experience at companies such as PayPal, Groupon as well as the Boston Consulting Group. myPOS, the UK-based payments provider, has welcomed Matt Komorowski as chief revenue officer.

FinTech

PYMNTS

MAY 9, 2016

In 2008, before its acquisition by PayPal, Michael led Product at Fraud Sciences, where he faced some of the most challenging questions in the cyber security ecosystem.

EMV

Fintech Labs Insights

JULY 20, 2016

A pair of former PayPal vets are joining Team Sezzle. Guilfoyle, who was SVP and CTO of PayPal from 2008 to 2012, will join Sezzle as an advisor. Fuchs, former Head of Legal at PayPal, will be Sezzle’s new legal advisor. The post Sezzle Adds Former PayPal Executives as Advisors appeared first on Finovate.

Advisors

PYMNTS

AUGUST 21, 2017

Four years later, in 2002, eBay announced that it would buy PayPal for $1.5 In 2012, eBay CEO John Donahoe , who had taken over from Meg Whitman in 2008 , more or less told retailers that “Amazon is your enemy, eBay is your friend” to persuade them to upload their product catalogues to branded eBay storefronts.

PayPal

Segpay

JUNE 25, 2024

The same can be said of e-wallet methods like PayPal. Bancontact: Although PayPal is extremely popular in Belgium, Bancontact, a direct Pay by Bank method, is widely accepted by merchants in Belgium. The American online payment market is still dominated by Card Payments, PayPal, and Digital Wallets.

Online and Mobile Banking

CB Insights

DECEMBER 4, 2019

Webpay failed to gain user traction and was shut down in 2014, unlike up-start Venmo (now a part of rival payments processor PayPal). Although Bill Me Later was quickly scooped up by PayPal in 2008, Amazon has remained focused on reducing payment friction for customers. Source: December 2017, American Banker.

Online and Mobile Banking

PYMNTS

NOVEMBER 21, 2016

The launch of the iPhone in 2007 and the App Store in 2008 opened everyone’s eyes to the impact that mobile would have on payments and commerce. Digital commerce has been a reality for more than two decades. Merchants lost sales to those online retailers that could make the buying process easy, secure and consistent.

Digital Payments

CB Insights

APRIL 17, 2018

After nearly four-and-a-half years with Google and some investment experience, Brian joined Founders Fund as a Principal in 2008. Jeff oversaw the acquisitions of Paypal and Half.com (Josh Kopelman’s company) during his 5 years with eBay. In 2011, Brian was promoted to Partner of Founders Fund where he still invests today.

Acquirers

PYMNTS

JANUARY 1, 2019

There was no Google -ing anything, and PayPal was still three years away from being a thing. However, whether that was his worst prediction for the 2010s is a live debate, since Ballmer was also unduly underwhelmed by Google in 2008. “I In fairness, it was 1995 — Amazon was a year old and a bookseller online. I mean, come on.

Online and Mobile Banking