PayPal appoints Geoff Seeley as CMO

PayPal has named Geoff Seeley as its new Chief Marketing Officer. Seeley brings over 25 years of global brand, digital, and performance experience having recently held the position of CMO


PayPal debuts cryptocurrency payments

The Checkout with Crypto feature converts crypto into fiat currency at checkout


PayPal becomes first company to drop out of Facebooks Libra cryptocurrency group

The payments giant has decided to focus on its own projects instead of the controversial cryptocurrency


Grab in talks over spinning out financial services unit, plans to add thousands of jobs

Grab is reportedly in having discussions with both Alibaba’s Ant Financial and PayPal over spinning out its financial services unit, as it also looks to double its staff in Singapore.


MercadoLibre to pick up $850m from PayPal and Dragoneer

PayPal and Dragoneer Investment Group are investing $750m and $100m respectively in MercadoLibre, the biggest eCommerce player out of Latin America. The investments come as part of a $1.85bn equity


American Express and PayPal extend partnership to allow rewards points payments

American Express has expanded its partnership with PayPal to enable American Express customers to use their rewards points for PayPal purchases and enjoy a more integrated peer-to-peer experience. The deal


Walmart provides customers with access to PayPal cash in stores

Walmart and PayPal have joined forces to collaborate on financial services and products – including letting their shared customers withdraw and deposit money directly into their PayPal accounts within Walmart


PayPal to spend up to $3bn a year on M&A

Following the acquisitions of iZettle and Simility for a combined total of over $2.3bn, PayPal is still on the lookout for more business in the second half of the year.


PayPal picks up AI-based anti-fraud specialists Simility

Payments operator PayPal has acquired Simility, a fraud prevention specialist that uses AI to protect online transactions, for $120m (£90m). PayPal was already an investor in the firm, owning three


PayPal deepens partnership with Google Pay

PayPal has announced it is extending its partnership with Google across the search giants ecosystem, with the aim of enabling more seamless payment experiences for US users. PayPal already partners

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