PayPal | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

PayPal is an online payment platform that facilitates payments between individuals and businesses. It allows users to send, request,...


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PayPal is an online payment platform that facilitates payments between individuals and businesses. It allows users to send, request, and manage money easily and securely. PayPal offers various services including personal and business accounts, debit and credit cards, and payment processing solutions. The company aims to empower users by providing fast and enjoyable money management options.

Website
Headquarters
San Jose, CA
Size
10,001+ employees
Industry
Software Development
Specialities
Online Payments, Mobile Commerce, Payment Security, Money Transfers, Payment Processing, Monetization for Developers, E-commerce

🛍️ PayPal Product and Pricing News →

👔 PayPal CEO, Management and Leadership Team →

⚔️ PayPal Alternatives and Competitors →

💼 PayPal Hiring and Layoffs →

🤖 PayPal Developer, Integration and Automation News →

📈 PayPal Financials, Fundraising and Valuation News →

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🛍️ PayPal Product and Pricing News

  • On November 19, 2024, PayPal announced that it will enable disbursement partners like Cebuana Lhuillier and Yellow Card to use PayPal USD (PYUSD) for cross-border money transfers with Xoom, enhancing speed and reducing costs through blockchain technology.
  • On November 19, 2024, PayPal will allow its disbursement partners to use PayPal USD for settling cross-border money transfers through its Xoom service.
  • PayPal announced that Ondo Finance will enable 24/7 conversions between Ondo OUSG and PayPal USD (PYUSD).
  • PayPal has upgraded its P2P payment platform to enhance transaction speed and security using Venmo and Xoom, supported by Google Cloud technology.
  • PayPal announced a new P2P feature in their app for pooling money with friends and family for shared expenses.

  • On November 14, PayPal launched a new feature in Italy, the US, Germany, and Spain that allows users to easily manage group expenses by creating fundraisers and tracking contributions, even from those without a PayPal account.
  • PayPal announced that PYUSD can now move seamlessly across Ethereum and Solana using LayerZero.
  • PayPal supports the launch of Newton, a cross-chain network by 0xPolygon and Magic Labs, to simplify multi-blockchain dApp use.

👔 PayPal CEO, Management and Leadership Team


⚔️ PayPal Alternatives and Competitors

  • Google Pay
  • |
  • Skrill
  • |
  • Tipalti
  • |
  • Payoneer
  • |
  • Square
  • |
  • Stripe
  • |
  • Venmo
  • |
  • Apple Pay
  • |
  • Amazon Pay
  • |
  • QuickBooks Go Payment
  • |
  • Podium
  • |
  • Helcim
  • |
  • Payline
  • |
  • Shopify Payments
  • |
  • QuickBooks Payments
  • |
  • Adyen
  • |
  • Authorize.net

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💼 PayPal Hiring and Layoffs

  • Under CEO Alex Chriss, PayPal is shifting from a payments company to a commerce-focused entity, achieving a 61% market cap increase year-over-year.
  • Eveline Coman has joined PayPal as Director - Head of UK and EU Merchant Products Legal in the United Kingdom, previously serving as Legal Director - Regulatory, Payments and Expansion Initiatives at Remitly.
  • Jenna Ward has joined PayPal as the Global Director of Business Operations for PayPal Ads, previously serving as the Senior Director of Client Services at The Trade Desk.
  • Rakan K. has joined PayPal as Senior Director, Identity Product, relocating from Intuit where he was Head of Product - Authentication & Verified Identity.
  • Vani Yalamanchili has joined PayPal as Executive Director, Global Head of Engineering - Financial Services in the United States, previously holding a position at another company.

  • Sreeni Jaladanki has joined PayPal as VP of Engineering, Digital Wallets from his previous role as VP of Engineering, Marketplace at Walmart Global Tech in the United States.
  • PayPal is currently hiring for multiple engineering positions in Bangalore and Chennai.
  • Hector Elizondo has been appointed as the Global Co-Lead of Aliados, PayPal's Employee Resource Group for Hispanic/Latinx employees.

🤖 PayPal Developer, Integration and Automation News

  • PayPal has partnered with Foundervine to empower underrepresented founders, announced by Ragavan Yogaretnam, Enterprise Sales Manager at PayPal, on November 21.
  • PayPal supports UK entrepreneur Vivien Wilson by providing tools to grow her vintage-inspired clothing brand and simplify payments.


📈 PayPal Financials, Fundraising and Valuation News


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