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Cambridge Blockchain, a digital identity enterprise software platform has received an add-on investment to its Series A round from PayPal.
Venmo has reportedly reached operating losses of $40m following a string of payments frauds earlier in the year.
Arkose Labs, a provider of online fraud prevention technology, has received a strategic investment from PayPal.
Mobile current account Monese has secured $60m in its Series B which will support its international expansion.
Payments business PayPal is bolstering its fraud prevention & risk management capabilities by buying Simility.
PayPal has reached a settlement with the Federal Trade Commission (FTC) over failure to disclose information to costumers on security and privacy issues.
PayPal is expanding its offering and reaching more users with the acquisition of bill payment company TIO Networks for roughly $233m.
Payment services provider PayU is bringing on former PayPal senior director Matthias Setzer as global chief commercial officer. He joins the firm having spent 12 years at PayPal.
PayPay is making it easier for European e-commerce companies to attract Chinese customers through a partnership with UnionPay.