PayPal Archives - FortuneZ

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...

PayPal Supports Black and Latinx-Led Venture Capital Funds with $50 Million

May 27, 2021

PayPal Holdings, the US-based online payments firm, announced that the company is planning to invest an additional $50 million in 11 Black and Latinx-Led venture capital funds. In October 2020, the company an...

PayPal Reports Total Payment Volume of $285 Billion in Q1 2021

May 6, 2021

PayPal Holdings, one of the largest online payment platforms in the world, yesterday announced its financial results for Q1 of 2021. The company reported a total payment volume (TPV) of $285 billion in the fi...

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 ...

FDCTech Adds PayPal to Expand Payment Options in Condor FX Pro

January 27, 2021

FDCTech, a forex and CFDs trading technology provider, has added PayPal as a new payment option for FX/Crypto brokers using FDC’s Condor FX Pro trading platform. The new integration allows traders of Condor ...

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...

Paxos Raises $142M Series C After PayPal Agreement

December 17, 2020

Paxos raises $142M Series C after PayPal agreement. Paxos has raised a fresh $142 million to facilitate the mainstream adoption of digital assets. “We think that opportunity is now, our investors think i...