PYPL - Leadership updates

TORONTO, June 10, 2026 /CNW/ -- As this summer's big game arrives on home soil, new research commissioned by PayPal shows Canadian fans are balancing the excitement of a once-in-a-lifetime event with a cautious approach to spending. A national survey of 1,043 Canadian adults conducted June 3–5, 2026 found that nearly half (44%) of respondents would reduce discretionary spending in other areas to attend matches or enjoy tournament-related experiences. The findings highlight the growing importance Canadians place on memorable, shared experiences, and the role of digital payments in helping them plan, pay and participate with confidence.

SAN JOSE, Calif., May 12, 2026 /PRNewswire/ -- In recognition of Small Business Month, PayPal today announced a new global goal to support 25 million people and small businesses with the resources, skills, and training they need to thrive in the digital economy. The goal is outlined in PayPal's 2025 Global Impact Report, published today, and reflects the company's continued focus on expanding economic opportunity and helping entrepreneurs thrive in a rapidly evolving world.  "Small businesses are the backbone of the global economy, and at PayPal, we believe digital technologies can help level the playing field," said Amy Bonitatibus, Chief Corporate Affairs and Communications Officer at PayP

Seahawks are the first NFL club partnership for PayPal RENTON, Wash. and SAN JOSE, Calif., May 11, 2026 /PRNewswire/ -- The Seattle Seahawks and PayPal Holdings, Inc., a global leader in payments, announced today a new multi-year partnership to become the team's Official Fan-to-Fan Payments & Exclusive Digital Ticket Payment Processing Partner. The Seahawks become the first NFL club partner for PayPal, following the company's landmark announcement with the league in April. As part of this deal, PayPal will also become the new presenting partner of the Seahawks Gameday Experience

SAN JOSE, Calif., April 29, 2026 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) today announced a strategic reorganization of its business and executive leadership team to accelerate execution of its long-term growth priorities, streamline decision-making, and drive innovation. As part of the reorganization, PayPal will transition to a simplified three-business operating model: Checkout Solutions & PayPal, Consumer Financial Services & Venmo, and Payment Services & Crypto. The company also announced several leadership appointments:Frank Keller appointed President, Checkout

PayPal Ads ID provides deterministic identity from verified PayPal and Venmo accounts, making it available to ad tech partners to improve ad relevance and performanceSAN JOSE, Calif., April 27, 2026 /PRNewswire/ -- Most identity solutions in advertising are built on estimates, guesswork, or probabilistic signals. Today, PayPal changes that by introducing something different: PayPal Ads ID, an advertising identifier grounded in verified commerce relationships. The digital advertising industry has long struggled with a foundational identity problem. According to the 2025 State of

New app integrates PayPal's trusted checkout into Canva, enabling hundreds of millions of creators and small businesses to get paid directly from their designsSAN JOSE, Calif., April 9, 2026 /PRNewswire/ -- PayPal today announced that PayPal Payment Links is now available directly in Canva, enabling 265 million monthly users worldwide to turn any design into a checkout experience. By bringing Payment Links to Canva, the global visual communication platform, the integration enables creators, entrepreneurs, and small businesses to easily go from design to payment and accept customers' preferred payment methods through PayPal's trusted global platform. Until now, man

SAN JOSE, Calif., March 25, 2026 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) today announced that Alyssa Henry, former CEO of Block's Square business, has joined the company's Board of Directors. The company also announced that Gail J. McGovern, who has served on the Board since 2015, will not stand for re-election at PayPal's upcoming Annual Meeting of Stockholders in May.  Henry brings more than three decades of experience scaling global commerce, payments, and technology platforms. She most recently served as CEO of Square at Block and led the Square Seller business u

Now accessible to millions of PayPal consumers and merchants, PayPal USD helps provide stable purchasing power and enable lower-cost global commerceSAN JOSE, Calif., March 17, 2026 /PRNewswire/ -- PayPal today announced it is making PayPal USD (PYUSD) available in 70 markets worldwide in the PayPal account. This dollar-backed stablecoin enables users to send funds globally, with faster settlement and lower cost than traditional payment methods. As global commerce becomes increasingly digital, individuals and businesses are looking for faster and more seamless ways to transact ac

NEW YORK, March 6, 2026 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices: NAPCO Security Technologies Inc. (NASD: NSSC) will replace Alexander & Baldwin Inc. (NYSE:ALEX) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, March 13. An investor group comprised of MW Group and funds affiliated with DivcoWest and Blackstone Real Estate is acquiring Alexander & Baldwin in a deal that is expected to close soon, pending final closing conditions.The following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 will take effect before the market opens on M

SharonAI Holdings Inc. ("Sharon AI"), a leading Australian neocloud (NASDAQ:SHAZ), announced on February 24, 2026, that highly experienced global technology executive, Mr. Benjamin Adams, joined the Sharon AI Holdings Inc. board of directors on February 22, 2026. Mr. Adams is a global business and technology leader with deep and broad expertise across financial, technology and regulatory law, mergers & acquisitions, corporate securities reporting, intellectual property and real estate. "I am honoured to join the board at such a pivotal and exciting time. I look forward to leveraging my experience to help Sharon AI shape its strategic goals and expand its impact in the coming years," sai

SAN JOSE, Calif., Feb. 3, 2026 /PRNewswire/ -- PayPal Holdings Inc. (NASDAQ:PYPL) today announced that its Board of Directors has appointed Enrique Lores as President and CEO, effective March 1, 2026. Lores, who has served on the PayPal Board for nearly five years and as Board Chair since July 2024, succeeds Alex Chriss. To ensure a seamless transition, Jamie Miller, Chief Financial and Operating Officer, will serve as Interim CEO until Lores assumes the role. David W. Dorman has been appointed as Independent Board Chair, effective immediately. Today's appointment follows a de

Cymbio will enable tens of millions of merchants to become discoverable on leading AI platforms SAN JOSE, Calif., Jan. 22, 2026 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) today announced it has agreed to acquire Cymbio, a multi-channel orchestration platform that helps brands sell across agentic surfaces, including Microsoft Copilot and Perplexity, and other e-commerce channels. PayPal previously partnered with Cymbio as part of its agentic commerce services, a suite of solutions that allows merchants to attract customers and drive sales in the new era of AI-powered commerce.  "PayPal has established itself as a leading commerce partner for merchants looking to sell within top AI p

New partnership with april helps customers manage tax season and jumpstart their 2026 financial reset SAN JOSE, Calif., Jan. 20, 2026 /PRNewswire/ -- PayPal today announced a new partnership with april, a leading embedded tax technology platform, allowing U.S. PayPal Debit Mastercard® customers 1 to file their 2025 federal and state tax returns2 for free using april's DIY tax filing service, saving approximately $1603 in typical costs. With this partnership, PayPal keeps financial management in one convenient destination while expanding the suite of financial tools that help customers get more out of their money.

Paychex Flex Perks expands to 25 employee benefit offerings with PayPal integration Paychex, Inc. (NASDAQ:PAYX), an industry-leading human capital management (HCM) company, announced today a new partnership with PayPal (NASDAQ:PYPL) within its Paychex Flex® Perks platform, Paychex's digital marketplace of curated employee benefits. Through this collaboration, employees of Paychex customers have the ability to easily set up PayPal Direct Deposit, providing up to two-day early access to their paychecks. According to the Federal Deposit Insurance Corporation, approximately 5.6 million U.S. households were unbanked in 2023 where no one in the household owned a checking or savings account at

New solution gives brands cross-platform view of actual purchase behavior, not just clicks and impressions from one retailer  SAN JOSE, Calif., Jan. 6, 2026 /PRNewswire/ -- PayPal today announced the launch of PayPal's Transaction Graph Insights & Measurement program, providing merchants & advertisers with a unique, cross-merchant view into real shopper behavior, campaign effectiveness, and data-driven recommendations to grow their business. PayPal's Transaction Graph Insights & Measurement creates the full dimensionality of a consumer purchase, and with full sales signal integrity and accuracy.

SAN JOSE, Calif., Dec. 15, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) today announced it has submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to establish PayPal Bank, a proposed Utah-chartered industrial loan company.  Since 2013, PayPal has provided access to over $30 billion in loans and working capital to more than 420,000 business accounts worldwide, filling a critical gap for small businesses seeking capital to expand, buy inventory, or invest in the people and tools needed to thrive. As p

LONDON, Nov. 19, 2025 /PRNewswire/ -- Liverpool FC is proud to welcome PayPal as the club's official digital payments partner in a new global, multi-year deal. This marks PayPal's first-ever collaboration with a Premier League club, further positioning the company as the smarter way to pay for football fans globally. A global leader in digital payments, PayPal has over 400 million active accounts across 200 markets, supporting transactions in 25 currencies. With decades of expertise in secure, fast, and flexible payment solutions, PayPal is set to enhance the way Liverpool FC

Strategic partnerships with Wix, Cymbio, Commerce, and Shopware will allow merchants to seamlessly enable product discovery in AI platforms including Perplexity SAN JOSE, Calif., Oct. 28, 2025 /PRNewswire/ -- Today, PayPal Inc. launched agentic commerce services, a suite of solutions that allow merchants to attract customers and future-proof their success in the new era of AI-powered commerce. Built upon PayPal's trusted payments infrastructure, identity verification, and buyer protection, its agentic commerce services are designed to enable the first wave of commerce capabilities for the emerging world of AI-driven shopping.

PayPal's tens of millions of merchants will soon be discoverable in ChatGPT, helping connect consumers to businesses that they love SAN JOSE, Calif., Oct. 28, 2025 /PRNewswire/ -- PayPal, Inc. today announced it will adopt the Agentic Commerce Protocol (ACP) to expand payments and commerce in ChatGPT. Millions of ChatGPT users will be able to check out instantly using PayPal, and PayPal will support payments processing for merchants leveraging OpenAI Instant Checkout. PayPal will also connect its global merchant network to OpenAI, creating a platform for tens of millions of small businesses and the largest brands in the world to sell within ChatGPT.

AUSTIN, Texas, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Commerce, (NASDAQ:CMRC), an open, intelligent ecosystem of technology solutions and the parent company of BigCommerce, today announced a new embedded payment processing solution available exclusively to BigCommerce merchants. Powered by PayPal (NASDAQ:PYPL), BigCommerce Payments is slated for a U.S. launch in 2026, with international expansion planned in subsequent phases. This strategic expansion builds on more than a decade of close partnership between Commerce and PayPal, marking a new chapter in their collaboration. Through this optional co-branded integration, merchants will gain access to advanced payment capabilities, simplified acco

During National Cybersecurity Awareness Month, the company spreads awareness to help people spot and avoid socially engineered phishing scams. SAN JOSE, Calif., Oct. 15, 2025 /PRNewswire/ -- As trusted leaders in customer protection, PayPal Holdings, Inc. (NASDAQ:PYPL) is committed to fighting continually evolving scams. With National Cybersecurity Awareness Month underway, the company is spreading awareness of phishing scams in which fraudsters impersonate well-known brands and use social engineering tactics to deceive people into sending money and divulging personal information. PayPal urges all consumers to practice vigilance and learn how to spot the signs of phishing fraud. 

Customers have more ways to earn rewards when they pay over time for purchases in-store and online SAN JOSE, Calif., Oct. 6, 2025 /PRNewswire/ -- PayPal today announced that U.S. customers will earn 5% cash back on PayPal Buy Now Pay Later (BNPL) purchases between now and the end of the year1. As 60%2 of shoppers feel more financial stress heading into this holiday season, PayPal, one of the leading BNPL providers worldwide, is helping to make it easier to manage spending this holiday season. With PayPal's BNPL offering, shoppers can split purchases into convenient payments and earn cash back, thus making their money go further during the holidays. PayPal is also introducing Pay Monthly3 in-

Blue Owl managed funds to purchase approximately $7 billion of PayPal "Pay in 4" loans originated in the U.S. over the next two years SAN JOSE, Calif., Sept. 24, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) and Blue Owl Capital (NYSE:OWL), a leading alternative asset manager, today announced the execution of a two-year agreement under which funds managed by Blue Owl will purchase approximately $7 billion of buy now, pay later (BNPL) receivables originated by PayPal in the U.S. PayPal will remain responsible for all customer-facing activities, including underwriting and servicing, associated with its U.S. Pay in 4 BNPL products. Online consumer financing has been a strategic offe

SAN JOSE, Calif., Sept. 17, 2025 /PRNewswire/ -- Google and PayPal today announced a multiyear strategic partnership focused on advancing several commerce solutions. The collaboration will deliver innovative solutions that transform how businesses and consumers transact across platforms and devices. Combining their expertise and scale, the companies aim to deliver frictionless digital commerce experiences and set a new standard for commerce ecosystem innovation.   "PayPal is a leader in digital commerce, and we're excited to expand our work together to make online transactions

Send and receive money as easily as sending a text, across apps, borders, and currencies SAN JOSE, Calif., Sept. 15, 2025 /PRNewswire/ -- On the heels of the PayPal World announcement, a global platform connecting the world's largest digital payment systems and wallets, PayPal today introduced PayPal links, a new way to send and receive money through a personalized, one-time link that can be shared in any conversation. PayPal users in the U.S. can begin creating personalized payment links today, with international expansion to the UK, Italy, and other markets starting later t

Customers to access leading AI tools, cash back offers, and a new way to manage subscriptions directly in the PayPal app SAN JOSE, Calif., Sept. 3, 2025 /PRNewswire/ -- Today, PayPal announced that Venmo and PayPal customers in the US and select global markets will be able to skip the waitlist and receive early access to Perplexity's new AI-powered Comet browser. Through a new offer that includes a free 12-month trial of Perplexity Pro valued at $200,1 customers will be among the first to experience Perplexity's highly anticipated AI browser before it's widely available to the public. Comet offers a range of features like an integrated AI assistant, native answer-focused search, product com

Pay with Crypto powers near-instant settlement, seamless international transactions andprovides transaction fee savings of up to 90% SAN JOSE, Calif., July 28, 2025 /PRNewswire/ -- Businesses around the world lose billions annually in cross border fees while navigating a complex banking system to make and accept payments. Today, PayPal is simplifying cross-border commerce for merchants by connecting an unmatched combination of cryptocurrencies, digital wallets, and merchants worldwide, while simultaneously reducing transaction fees by up to 90%.1  Pay with Crypto, powered by

PayPal integrates with Wix Payments, providing a consolidated view for merchants to streamline payment management, enhance conversions and meet growing demand for flexible payment options  NEW YORK – Wix.com Ltd. (NASDAQ:WIX), the leading SaaS website builder platform globally1, today announced an expansion of its partnership with PayPal Holdings Inc. (NASDAQ:PYPL), bringing additional online payment options to merchants through Wix Payments. Now available as a built-in part of Wix Payments, this provides U.S.-based merchants a unified, seamless experience that simplifies backend operations and ultimately supports higher checkout conversion.  With this deeper integration, PayPal is now ava

Launch partners include Mercado Pago, NPCI International Payments Limited (UPI), PayPal, Tenpay Global, and Venmo.Interoperability begins with partners connecting to PayPal and Venmo.Technology agnostic platform designed to enable further wallet interoperability.More wallets to join in the coming months as the platform expands around the world.SAN JOSE, Calif., July 23, 2025 /PRNewswire/ -- PayPal (NASDAQ:PYPL) has unveiled a series of global partnerships that will connect many of the world's largest payment systems and digital wallets on a single platform, starting with interoperability with PayPal and Venmo. Together, the launch partners represent nearly two billion users globally. Today's

Partnerships with the Big 12 Conference and student-athletes will drive everyday spend with Venmo across college campuses nationwide SAN JOSE, Calif., July 8, 2025 /PRNewswire/ -- Venmo, a leading social payments platform for young adults to manage and move their money, today announced new Big 12 Conference and school-branded card designs for the Venmo Debit Mastercard1.  The new co-branded Venmo Debit Cards will enable students, alumni, and fans from participating schools to celebrate their school pride and unlock enhanced rewards and exclusive access. With the Venmo Debit Ca

Multi-year partnerships will bring PayPal and Venmo to college campuses nationwide SAN JOSE, Calif., June 26, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL), a global leader in payments, today announced multi-year agreements with the Big Ten and Big 12 Conferences that will modernize the distribution of institutional payments from universities to student-athletes in a new revenue-sharing model. The new institutional payments initiative enables athletic departments to seamlessly dispense payments through PayPal, ensuring a secure, efficient, and transparent way to distribute funds to payees. With the funds in their wallets, students will have the option to access all the benefits of

 PayPal and Venmo can now be set as default payment options in the Taco Bell app and website – and customers checking out with PayPal can earn 20% cash back1 every week SAN JOSE, Calif., June 25, 2025 /PRNewswire/ -- Today, PayPal announced it has teamed up with Taco Bell to deliver a fast, secure, and deliciously rewarding way to pay in the Taco Bell app and website. Now, Taco Bell customers can choose to pay with PayPal or Venmo, giving them more choice and rewards while delivering a quick and easy checkout experience.   With Crunchwrap Supremes and cash back top of mind thi

SAN JOSE, Calif., June 24, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) today announced that Deirdre Stanley has joined the company's Board of Directors. Stanley brings nearly three decades of experience as a senior executive for global organizations spanning the consumer, media, and information technology sectors. She most recently served as Executive Vice President and General Counsel of The Estée Lauder Companies, overseeing global legal strategy in the approximately 150 countries and territories where the company's products are sold. "PayPal is a trusted brand that is reshaping the future of commerce for consumers and merchants around the world," said Alex Chriss, President

PayPal will power payments for Selfbook's recent integration with Perplexity Selfbook will integrate PayPal and Venmo as payment options for its hotel customers Selfbook's network of hotels will be featured on the PayPal app Selfbook will leverage PayPal's Enterprise Payments for all direct card processing  SAN JOSE, Calif., June 9, 2025 /PRNewswire/ -- Selfbook has tapped PayPal as its commerce partner to make paying for hotels faster, smarter, and fully embedded in agentic experiences. Travelers who checkout with PayPal and Venmo will gain access to exclusive rates, generating meaningful savings, and driving better conversion for Selfbook's hotel customers. Selfbook's hotel customers will

Includes a limited-time offer for customers to pay for travel purchases over six months with promotional financing and no minimum spend1 SAN JOSE, Calif., June 3, 2025 /PRNewswire/ -- Today, PayPal announced that PayPal Credit can now be used everywhere with the introduction of a new physical card, issued by Synchrony (NYSE:SYF). This expands its popular digital PayPal Credit offering to use both online when checking out with PayPal and in-store and everywhere Mastercard® is accepted. When using the new physical card, customers will also have access to a limited-time offer to

Smart shopping comes to Perplexity as PayPal powers intelligent, in-flow shopping via Agentic AI SAN JOSE, Calif., May 14, 2025 /PRNewswire/ -- Perplexity today announced that it has partnered with PayPal to power agentic commerce across its Perplexity Pro platform. Starting this summer in the U.S., consumers can check out instantly with PayPal or Venmo when they ask Perplexity to find products, book travel, or buy tickets. "Perplexity wants to have accurate, trustworthy answers wherever people are making decisions. PayPal is a natural partner because we share a vision for how

SAN JOSE, Calif., April 29, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) announced it is leading the agentic commerce revolution by providing developers and merchants with innovative tools to create next-generation shopping experiences. Developers can now enable agentic AI experiences that allow customers to pay, track shipments, manage invoices, and more, all powered by PayPal and within an AI agent. "Over 25 years ago, PayPal made history by simplifying digital money movement. Today, we are charting the next era: the era of agentic commerce," said Alex Chriss, Pr

Coinbase platforms to provide fee-free purchases and easy 1:1 redemption of PayPal USD while companies jointly explore new payment use cases SAN JOSE, Calif., April 24, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) and Coinbase Global, Inc. (NASDAQ:COIN) today announced an expansion of their partnership to increase the adoption, distribution, and utilization of the PayPal USD (PYUSD) stablecoin. This collaboration will provide value for consumers, enterprises, and institutions as they continue to utilize digital currencies across platforms and borders with the stability of regulated USD-denominated crypto-native assets.

SAN JOSE, Calif., April 7, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) announced today that Rodney C. Adkins has informed the company of his decision to retire from its Board of Directors (Board) and not stand for re-election at the 2025 Annual Meeting of Stockholders in June.   Adkins has been a director of PayPal since September 2017 and currently serves on the Audit, Risk and Compliance Committee and the Corporate Governance and Nominating Committee of the Board.  "For more than seven years, Rod has played an instrumental role on our Board of Directors and has helped guide the growth and transformation of PayPal," said Enrique Lores, Chair of PayPal's Board of Directors. "We

PayPal provides access to over 1.4 million loans and cash advances to more than 420,000 business accounts globally through its merchant lending solutions SAN JOSE, Calif., March 26, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) today announced it has passed $30 billion in global loan originations* and has extended more than 1.4 million loans and cash advances to more than 420,000 business accounts globally since 2013, filling a critical gap for small businesses looking for capital to maintain a healthy cashflow and grow. Small businesses play a critical role in the

TORONTO, March 21, 2025 /CNW/ -- PayPal Giving Fund Canada announced that it has surpassed the $200 million mark in donations to registered charities across Canada since its inception. This significant milestone highlights the power of online giving and its ability to drive positive social impact. Launched in late 2018, PayPal Giving Fund Canada has leveraged popular online and social media platforms to make charitable giving more accessible and effortless. By partnering with platforms such as PayPal, Facebook, Instagram, GoFundMe, Twitch, Humble Bundle, and Deed, PayPal Giving Fund Canada has empowered millions of people to donate to causes that matter most to them. These partnerships have

SAN JOSE, Calif, March 10, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) today announced that Joy Chik has joined the company's Board of Directors. Joy brings more than 26 years of corporate and board experience scaling products, services, and teams on a global level. Joy currently serves as the President of Identity and Network Access at Microsoft and is responsible for leading the company's multi-billion-dollar security business, Microsoft Entra. "PayPal is aiming to radically change commerce over the next decade by increasing our velocity of innovation and accelerating our integration of artificial intelligence across our product suite and the global enterprise," said Alex Chr

Announces New Unified Merchant Offering, Strategic Partnership with Verifone, and Fastlane Expansion to International Markets Company expects high single-digit transaction margin dollar (TM $) growth1 and low teens+ non-GAAP EPS growth by 2027 SAN JOSE, Calif., Feb. 25, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) will host an Investor Day today in New York City beginning at 8:30 a.m. EST. The previously announced event will feature presentations from PayPal senior leadership and an overview of its strategic and growth plans for the next several years. In conjunction with the event, the company is providing its medium-term growth outlook (2025 to 2027) and longer-term ambitions.

SAN JOSE, Calif., Feb. 12, 2025 /PRNewswire/ -- PayPal Holdings Inc. (NASDAQ:PYPL) today announced the addition of PayPal as a checkout option for all U.S.-based cruise reservations operated by Norwegian Cruise Line Holdings Ltd (NYSE:NCLH). Now, travelers looking to cruise with Norwegian Cruise Line®, Oceania Cruises® and Regent Seven Seas Cruises®, can benefit from the ease, simplicity and security of paying with PayPal when booking their next travel experience. In addition to offering travelers the ability to checkout with PayPal, Norwegian Cruise Line Holdings will continu

PayPal customers can easily collect and manage funds with friends and family for things like group gifts, travel, special events, and more in the PayPal app. SAN JOSE, Calif., Nov. 14, 2024 /PRNewswire/ -- Today, PayPal announced a new experience that gives customers an easy way to pool money with friends and family for group gifts, travel, special events or other shared expenses. Rolling out globally across the US, Germany, Italy and Spain, the new experience gives customers the ability to set up a pool in the PayPal app or online, invite friends and family to contribute, track group contributions and transfer funds to their PayPal balance to spend or withdraw.

SAN JOSE, Calif., Oct. 23, 2024 /PRNewswire/ -- PayPal Holdings Inc. (NASDAQ:PYPL) today announced an expanded collaboration with Global Payments Inc. (NYSE:GPN) aimed at transforming checkout experiences. This partnership will see Global Payments offer their U.S. merchants enhanced PayPal and Venmo branded checkout solutions and accelerated guest checkout through Fastlane by PayPal. Fastlane enhances the shopping experience for consumers and drives increased conversion rates for businesses leveraging the platform.  "We're excited to deepen our collaboration with Global Paymen

Advent International ("Advent"), one of the largest and most experienced global private equity investors, today announced the appointment of former Ernst & Young LLP ("EY") Global Chairman and CEO Carmine Di Sibio as an Operating Partner. Di Sibio will play an active role in helping the firm identify, source and execute new deals in the business and financial services space and will work closely with Advent's team and current portfolio of investments. "We are thrilled to welcome Carmine to our growing roster of talented, specialized and hands-on Operating Partners," said Chris Egan, Managing Partner at Advent. "After a distinguished career of nearly four decades at EY, Carmine brings an in

Company also provides the ability for business accounts to externally transfer cryptocurrency SAN JOSE, Calif., Sept. 25, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal business account. At launch, this functionality for Business Accounts will not be available in New York State. Today's announcement is PayPal's latest step to increase cryptocurrency's utility by making increased functionality available to millions of merchants in the U.S.  "Since we launched t

Comedy legend recreates Fleetwood Mac's iconic "Everywhere" to show consumers how to shop and earn rewards with PayPal, even in-store. SAN JOSE, Calif., Sept. 9, 2024 /PRNewswire/ -- PayPal (NASDAQ:PYPL) announced today its biggest U.S. ad campaign ever, starring Will Ferrell and a reimagined version of Fleetwood Mac's "Everywhere" to show consumers how easy, safe, and rewarding it is to shop with PayPal and the PayPal Debit Mastercard in stores and online. Debuting nationally on September 9 during the first football game of the year televised on Monday evening, the ad will co

New rich rewards and in-store access transform PayPal into a single solution for every type of customer everywhere they shop SAN JOSE, Calif., Sept. 5, 2024 /PRNewswire/ -- PayPal (NASDAQ:PYPL) today ushered in a new era for customers, making it easier and more rewarding than ever to shop and pay with PayPal anywhere, anytime – both in stores and online. Now, customers have access to rich rewards, stackable cash back offers in the PayPal app, and more personalized ways to manage their spending – all with the safety and security PayPal is known for and the peace of mind they're getting more money back in their pockets.  

SAN JOSE, Calif., Aug. 29, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) today announced an expansion of its global strategic partnership with Fiserv, Inc.. (NYSE:FI) which will streamline how merchant clients of Fiserv enable PayPal experiences for their customers. Building on a longstanding partnership between the two companies covering several products and services and millions of businesses, the expanded relationship simplifies how Fiserv clients enable PayPal, Venmo and related services, and provides these businesses with a simple connection point to Fastlane by PayPal to accelerate guest checkout flows in the U.S.

SAN JOSE, Calif., Aug. 20, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) today announced the strengthening of its global strategic partnership with Adyen, the global financial technology platform of choice for leading businesses. Within the expanded partnership, Adyen will offer Fastlane by PayPal to accelerate guest checkout flows for its enterprise and marketplace customers in the U.S., with plans to extend this offering globally in the future. Together, the companies expect Fastlane by PayPal to improve consumer shopping experiences and enhance conversion for businesses leveraging Adyen's platform.  

A More Seamless Consumer Experience that can help Increase Conversion and Sales SAN JOSE, Calif., Aug. 6, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) today announced that Fastlane by PayPal is now available for U.S. businesses of all sizes, helping to increase their sales and drive customer loyalty in time for the upcoming holiday shopping season. Announced earlier this year, Fastlane utilizes PayPal's decades of payment expertise to innovate and accelerate the guest checkout experience – allowing users to complete their purchase in as little as one click. "Fastlane by PayPal significantly reduces the time consumers spend using guest checkout – maki

SAN JOSE, Calif., July 24, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) today announced that Enrique Lores has been appointed the new Independent Chair of its Board of Directors. He succeeds John Donahoe, who is retiring from the PayPal Board after serving as Board Chair since 2015. Lores, President and CEO of HP Inc., has served on the Board since June 2021.  "Enrique's deep expertise in consumer and enterprise technology has been invaluable to PayPal, and I know that his experience leading and transforming HP into an industry disruptor will continue to serve the Board and the company well in his new role as Board Chair," said Alex Chriss, President and CEO, PayPal. "I also wan

SAN JOSE, Calif., June 20, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) today announced the appointment of Srini Venkatesan as Chief Technology Officer (CTO), effective June 24, reporting to PayPal President and CEO Alex Chriss. In this role, Venkatesan will lead the development and implementation of technology across the entire PayPal ecosystem, including analytics and data science, artificial intelligence (AI) and machine learning, information security, infrastructure operations, and product engineering.  "Srini is a seasoned technologist and leader with a succes

Crypto.com, Phantom and Paxos are first to provide onramps to use PayPal USD (PYUSD) on Solana blockchain  SAN JOSE, Calif., May 29, 2024 /PRNewswire/ -- At Consensus 2024, PayPal Holdings, Inc. (NASDAQ:PYPL) announced that PayPal USD (PYUSD) is now available on the Solana blockchain, making PayPal's stablecoin faster and cheaper to use. The availability of PYUSD on Solana provides users1 with the choice of multiple blockchains allowing for increased flexibility and control. The Solana blockchain is known for processing massive amounts of transactions at high speeds with extre

SAN JOSE, Calif., May 28, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) today announced new leadership appointments that will drive the creation of a new advertising platform and strengthen the company's consumer value proposition. Mark Grether will join on May 28 as SVP, General Manager, PayPal Ads, and John Anderson has joined as SVP, General Manager, Consumer Group. Grether and Anderson will report to Diego Scotti, EVP, General Manager, Consumer Group and Global Marketing & Communications.  Advertising Platform PayPal's long-standing relationships with millions of consumers and merchants make the company uniquely positioned to create an advertising platform that is rooted in c

SAN JOSE, Calif., May 7, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) today announced that Steve Winoker has been named Chief Investor Relations Officer, effective May 15, 2024. Winoker will report to Jamie Miller, Chief Financial Officer, and be responsible for communicating the vision and progress of PayPal's transformation to the financial community.  "Steve is a collaborative and trusted strategic advisor, who brings a wealth of experience working with companies during transitions," said Miller. "His broad expertise not only as an equity analyst, but also as an

Xoom users will pay no transaction fees when using PayPal USD to fund eligible transfers to friends and family abroad SAN JOSE, Calif., April 4, 2024 /PRNewswire/ -- Xoom, PayPal's cross-border money transfer service, announced today that U.S. users1 now have the option to fund money transfers to friends and family abroad using USD converted from PayPal USD (PYUSD), a U.S. dollar-denominated stablecoin2. Rolling out to customers in the U.S. starting today, the new funding option will allow U.S. Xoom users to easily convert the PYUSD in their linked PayPal Cryptocurrency Hub to USD and use that as a funding source to send money to recipients in approximately 160 countries globally with no Xoo

Board intends to appoint Carmine Di Sibio, EY's outgoing Global Chairman and CEO, as an independent director, effective July 2024   Belinda Johnson plans to retire from the Board at the Annual Meeting  SAN JOSE, Calif., March 28, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ:PYPL) today announced its Board of Directors intends to appoint Carmine Di Sibio, outgoing Global Chairman and CEO of EY, to the Board as an independent director, effective July 1, 2024.    "We are very pleased about the planned addition of Carmine to our Board given his demonstrated record of championing innovation, extensive experience advising regulated financial companies, and keen understanding of what it take