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Tag: PayPal

PayPal makes its first historic investment in blockchain

The tendency to join the world of cryptography, directly or indirectly, became quite popular among the more traditional companies compared to those of recently, but today no one is surprised when there appears here and there some information of this type. First investment This time, online payment giant PayPal has…

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A company trying to be a powerful provider of technology and financial payments solutions

MercadoLibre, the leading company in e-commerce technology in Latin America. It has announced the closing of its IPO of approximately 1,150 million dollars in common shares at a price of 480 dollars per share. Which includes the full exercise of the purchase option of the subscribers 150 million additional shares…

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Bitcoin: What is this former Google and PayPal executive up to?

Kelly Loeffler, the CEO of Bakkt, a company focused on digital assets launched by Intercontinental Exchange (ICE), owner of the New York Stock Exchange (NYSE), the largest stock exchange in the world with a market capitalization of more than $ 30 billion, has revealed that Mike Blandina, a former PayPal…

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PayPal will expand its network of banks and fintech

PayPal allows stores in Costa Rica to offer their products or services in more than 200 countries in which PayPal has coverage. These partnerships will make it possible to withdraw funds from your PayPal account locally. Both alliances offer Costa Ricans speed, security and convenience in their transactions, since they…

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Fintech has come to make people’s lives better

We started the talks with Max Levchin, an American computer scientist born in Ukraine. In 1998, shortly after graduating from college, he co-founded (with Peter Thiel) the company that eventually became PayPal. Levchin made particular contributions to PayPal’s anti-fraud efforts and is also the co-creator of the Gausebeck-Levchin test, one…

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Paypal is investing in a blockchain startup for the first time

Financial services provider Paypal participates in Cambridge Blockchain’s first round of financing. This was announced by Blockchain startup in a Monday press release. It is Paypal’s only stake in a blockchain startup so far. Exact size of the investment of Paypal unknown Paypal and Cambridge Blockchain have been silent about…

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PayPal has made its first investment in a blockchain company

The payment giant PayPal has made its first investment in a blockchain company. They have invested in Cambridge Blockchain. A company that helps financial institutions and other companies manage confidential data, such as personal identification in shared ledgers. The PayPal financing was part of an extension of the Series A…

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PayPal invests in a blockchain startup focused on digital identity in apparent novelty

In an apparent first global online payments company, PayPal has made an investment in a blockchain startup that focuses on leveraging technology to give users more control over their digital identities. The news was reported by Forbes on April 2. The investment is part of an extension of a round…

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