Will PayPal's adoption of bitcoin make cryptocurrency more mainstream?

Will PayPal’s adoption of bitcoin make cryptocurrency more mainstream?

Written by  Matthew Sparkes PayPal has two decades of experience in online payments and manages 403 million user accounts. So, it caused ripples when it announced on 23 August it would allow UK customers to buy and sell four cryptocurrencies: bitcoin prices rose to a three-month high. But will this – and last October’s roll-out in…

PayPal acquires Japan’s Paidy for $2.7B to crack the buy now
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PayPal acquires Japan’s Paidy for $2.7B to crack the buy now, pay later market in Asia

Written by Kate Park PayPal Holdings, the U.S. fintech company, announced an acquisition of Paidy, a Japanese buy now, pay later (BNPL) service platform, for approximately $2.7 billion (300 billion yen), mostly in cash, to enhance its business in Japan. The transaction completion, including the regulatory approval, is expected in the fourth quarter of 2021. After the acquisition,…