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PayPal to Acquire Paidy

PayPal To Acquire Payment Platform Paidy

PayPal Holdings, Inc. today announced that it has agreed to acquire Paidy, a leading two-sided payments platform and provider of buy now, pay later solutions in Japan, for ¥300 billion or approximately US$2.7 billion, principally in cash. The acquisition will expand PayPal’s capabilities, distribution and relevance in the domestic payments market in Japan, the third …

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Shiprocket

Shiprocket Raises $41.3 Million In Series-D1 Funding From Paypal Ventures And Bertelsmann

Shiprocket, a Delhi, India-based eCommerce fulfilment platform that allows D2C sellers to ship quickly and affordably, has raised USD 41.3 million (INR 305 crore) in Series D funding. PayPal Ventures, PayPal’s corporate venture capital arm, Info Edge Ventures, an investment firm backed by publicly traded Info Edge and Temasek Holdings, and existing investor Bertelsman led …

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