Paypal Ventures news and trends

PayPal Ventures-Backed Kite Nets $18M for Agentic AI
Investments // September 02, 2025

Autonomous agent infrastructure company Kite has raised $18 million in a PayPal Ventures-led funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

PayPal-Backed Mendel Raises $35 Million to Expand Spend and Travel Management Platform
Spend Management // March 27, 2025

Mendel raised $35 million in a Series B funding round to expand the artificial intelligence (AI)-powered capabilities of its enterprise spend and travel management platform and to extend the platform into additional Latin American countries. Get the Full Story Complete the form to unlock this...

AI Startups: PayPal Ventures, Citi Invest in Corporate Treasury AI Startup
artificial intelligence // February 18, 2025

PayPal Ventures and Citi Ventures are investing in Finmo, a startup that uses AI and other technologies to develop what it describes as a next-generation treasury operating system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

PayPal-Backed Formance Raises $21 Million to Grow Open-Source Ledger
Back-office // January 29, 2025

Open-source financial infrastructure provider Formance raised $21 million in a Series A funding round to grow its Ledger and other solutions that help developers build financial flows and products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Quick Reads
PayPal Makes $100 Million Bet on Middle East/Africa Digital Commerce

September 24, 2025
PayPal is investing $100 million to support digital commerce in the Middle East and Africa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]

PayPal Ventures-Backed Kite Nets $18M for Agentic AI

September 02, 2025
Autonomous agent infrastructure company Kite has raised $18 million in a PayPal Ventures-led funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

PayPal-Backed Mendel Raises $35 Million to Expand Spend and Travel Management Platform

March 27, 2025
Mendel raised $35 million in a Series B funding round to expand the artificial intelligence (AI)-powered capabilities of its enterprise spend and travel management platform and to extend the platform...

PayPal-Backed Formance Raises $21 Million to Grow Open-Source Ledger

January 29, 2025
Open-source financial infrastructure provider Formance raised $21 million in a Series A funding round to grow its Ledger and other solutions that help developers build financial flows and products. Get...