PayPal is investing $100 million to support digital commerce in the Middle East and Africa. The investment is to be deployed via minority investments, acquisitions, PayPal Ventures funding and people/technology deployments. The goal is to help local businesses scale, open new opportunities for innovators, and “bring...
Autonomous agent infrastructure company Kite has raised $18 million in a PayPal Ventures-led funding round. “Formerly known as Zettablock, Kite leverages years of experience in distributed infrastructure systems to bring forth a new architecture purpose-built for the agentic web,” PayPal said in a news release...
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. “This round allows us to scale our AI capabilities and...
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. PayPal Ventures and Quona Capital led the Series A round of $18.5 million, which was oversubscribed. Citi...
June 17, 2026
PayPal is “exploring strategic options” for its venture capital arm, a company spokesperson told Fortune in a report posted Tuesday (June 16). “As part of our continued efforts to sharpen our focus, we are exploring strategic options for our corporate venture capital arm, PayPal Ventures,” the spokesperson said, per the report. “We don’t have additional […]
September 24, 2025
PayPal is investing $100 million to support digital commerce in the Middle East and Africa. The investment is to be deployed via minority investments, acquisitions, PayPal Ventures funding and people/technology deployments....
September 02, 2025
Autonomous agent infrastructure company Kite has raised $18 million in a PayPal Ventures-led funding round. “Formerly known as Zettablock, Kite leverages years of experience in distributed infrastructure systems to bring...
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...