Paypal

Consumer Lending Startup Affirm Raises $100 Million in Funding Round

Max Levchin, the cofounder of PayPal who founded Affirm, raised $100 million for his consumer lending startup. The amount raised will be used by the financial technology company to develop a so called "direct-to-consumer" products.

PayPal Reports Q3 Revenue Slightly Missed Analysts’ Expectations

PayPal Reports Q3 Revenue Slightly Missed Analysts’ ExpectationsPayPal Holdings Inc, after a spin-off from eBay Inc. reported its quarterly revenue for the first time that missed the analysts' expectations by a mark. The main reason was the strong dollar that hurt its volumes of transaction in markets of China and Europe.

PayPal Acquiring Xoom, a Digital Money Transfer Provider to Increase Presence in the International Remittance Market

PayPal Acquiring Xoom, a Digital Money Transfer Provider to Increase Presence in the International Remittance Market

eBay to Spinoff PayPal With the Financial Unit Starting to Trade Under Symbol PYPL from 20 July

eBay to Spinoff PayPal With the Financial Unit Starting to Trade Under Symbol PYPL from 20 JulyOn Friday, eBay the US online giant said that its board has approved the plan of separating PayPal, the online payments unit. PayPal will start trading as an independent identity from July 20.

PayPal helps eBay revenue jump 13% despite worsening competition

PayPal helps eBay revenue jump 13% despite worsening competitionEBay Inc. the online retailer on Wednesday posted a 13% growth in its quarterly income which was possible mainly due to the better-than-expected results which came from its quickly growing PayPal division. The good results from Pay Pal helped EBay to overcome growing competition from rival Amazon. com Inc. along with a recently exposed cyber attack which revealed the data of customer.

App Now Allows to Make Payments

PaymentsIt is for the first time that locals in Richmond, London, have been able to buy products with the help of a profile picture.

It has been found that the high street has started using such a system, which works merely by identifying the first name and picture of the customers. A mobile phone app does the same.

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