PayPal heats up, buy now, pay later with $2.7 billion deal in Japan

PayPal said it would buy the Japanese company buy now, pay later (BNPL) Paidy in a $2.7 billion (about INR 19,840 crores) deal largely up front, taking another step towards claiming first place in a industry witnessing a pandemic-led boom. The deal follows rival Square’s deal last month to buy the success story of Australian … Read more

PayPal launches buying and selling of cryptocurrencies in UK

PayPal will allow customers in the UK to buy, sell and hold Bitcoin and other cryptocurrencies from this week, the company said on Monday. The launch, which marks the first international expansion of PayPal’s cryptocurrency services outside the United States, could inspire adoption of the new asset class. With more than 403 million active accounts … Read more