PayPal Archives - FortuneZ

PayPal Talks up ‘Crypto Capabilities’ of New App, Calls DeFi Applications ‘Interesting’

July 29, 2021

The payments giant PayPal, which ended the second quarter with 403m active accounts, has teased a new “super app” that it says will feature “additional crypto capabilities,” claiming that the app is “code com...

PayPal Raises Weekly Cryptocurrency Purchase Limit to $100,000

July 16, 2021

PayPal, the US-based payments giant, announced yesterday that the company has increased its weekly cryptocurrency purchase limits in the US for eligible customers. PayPal clients can now purchase up to $100,0...

PayPal and Visa Participate in Blockchain Capital’s $300 Million Fund

June 23, 2021

PayPal, the US-based payments giant, and Visa, a leading global financial services provider, have participated in the latest $300 million Fund V by Blockchain Capital. According to an official announcement, ...

PayPal, Visa & Other Investors Double Down On Their Crypto Investments

June 22, 2021

Crypto- and blockchain-focused venture capital firm Blockchain Capital said it has raised USD 300m for its Fund V, with PayPal and Visa among the traditional investors who are still showing interest in the cr...

PayPal & Robinhood Follow Revolut, Plan Crypto Withdrawals

May 27, 2021

Two major fintechs, PayPal and Robinhood are both looking set to follow in the footsteps of the likes of Revolut, with plans to allow crypto withdrawals to third-party wallets – a step that could see the plat...

Demand for Cryptocurrency Assets Is Surging, Says PayPal CEO

April 26, 2021

Dan Schulman, President and CEO of PayPal, said that the demand for cryptocurrency assets has surpassed the company’s expectations. During the latest interview with TIME Magazine, Schulman predicted a sharp ...

Cryptocurrency Economy Reaches $1.9 Trillion Market Cap

March 30, 2021

The overall market cap of cryptocurrency assets touched an all-time high of $1.9 trillion on 30 March after Bitcoin and Ethereum posted significant gains in the last 24 hours. The cryptocurrency market started ...

Ubisoft And PayPal Continue Partnership For Rainbow Six Siege Esports Competition

January 19, 2021

Ubisoft and PayPal continue partnership for Rainbow Six Siege eSports competition. Ubisoft, developer of Rainbow Six Siege t has decided to extend its partnership with PayPal until September 2022. Together w...

Analyst Predict Bitcoin Business To Rake PayPal $2 Billion In Revenue

January 18, 2021

Analyst predict bitcoin business to rake PayPal $2 billion in revenue. Don Dolev, analyst of Mizuho Securities predicted that Paypal will rake in as much as $2 billion in revenue from its bitcoin business by ...

PayPal Seals Investment With Crypto Tax Automation Software

January 7, 2021

PayPal seals investment with crypto tax automation software. In an announcement on January 7, Taxbit, a company providing cryptocurrency tax automation software shared that it has sealed investments from Payp...