PayPal Holding Inc

Press Releases

PayPal Significantly Enhances Global Payout Capabilities With Acquisition of Hyperwallet

SAN JOSE, Calif.–(BUSINESS WIRE)–PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it has agreed to acquire Hyperwallet, a leading global payout platform, for $400 million in cash, subject to certain adjustments. The acquisition of Hyperwallet enhances PayPal’s payout capabilities, improving the company’s ability to provide an integrated suite of payment solutions to ecommerce platforms and marketplaces around the world. According…