PayPal resumes buying everything. Jobs at Braintree, Venmo, and more.
COMPANY PROFILE: PAYPAL
PayPal is on a shopping spree again. Just this week it acquired gig-economy and small-business payment processor HyperWallet for $400 million along with AI-based fraud detection startup Simility. (Last month it bought Sweden’s small-business payments platform iZettle for a whopping $2.2 billion.)
This is nothing new.
Braintree had previously acquired Venmo, the most consumer piece of the PayPal portfolio. Venmo, for its part, has achieved verb-status as a brand, outpacing PayPal itself in popularity among millennials.
Sign up for Uncubed Intel to receive the best tech news, career advice, and jobs.