Search Results for "Venmo"
9 results for "Venmo"
Deals 9
Rainforest Launches Embedded PayPal Integration for Vertical SaaS Platforms
Rainforest launched an embedded PayPal integration enabling vertical SaaS platforms to offer PayPal, Venmo, and PayPal Pay Later at checkout. The partnership streamlines payment acceptance for software platforms serving specific industries. It adds consumer-preferred payment methods to Rainforest's embedded payments suite.
Stripe Reportedly Explores Acquisition of PayPal or Key Assets
Bloomberg reported that Stripe, valued at $159 billion, is considering acquiring PayPal or select assets including its consumer wallet and Venmo. The potential deal would be the largest fintech M&A transaction ever. PayPal denied sale talks and Stripe declined to comment, with subsequent reports from Semafor indicating Stripe is not actively pursuing a takeover.
Core10 and PayNearMe Partner to Modernize Loan Repayments via Middleware
Core10 and PayNearMe announced a banking-as-a-platform middleware partnership enabling financial institutions to integrate modern payment options like PayPal, Venmo, and cash at retail locations into their core banking systems. The integration uses Core10's Mesh middleware platform. This deal accelerates deployment timelines to weeks and streamlines reconciliation for banks and credit unions.
PayPal and Adyen Partner to Offer Fastlane Guest Checkout in the U.S.
PayPal expanded its partnership with Adyen to enable Adyen's U.S. enterprise and marketplace customers to offer PayPal's Fastlane guest checkout tool. The deal builds on prior integrations including PayPal, Venmo, and BNPL options via Adyen. The announcement drove PayPal's stock to a 52-week high of $71.89.
PayPal Launches Tap to Pay on Android for U.S. Merchants
PayPal launched Tap to Pay on Android for U.S. merchants through its Venmo and Zettle apps, enabling contactless payment acceptance without additional hardware. This embedded finance capability allows merchants to turn Android phones into payment terminals. The launch followed PayPal's earlier iOS support and trailed competitors Stripe and Square.
PayPal Partners with Bold Commerce for Headless Checkout Integration
PayPal collaborated with Bold Commerce to enable headless commerce checkouts for PayPal's 430 million users. The integration supports PayPal, Venmo, Pay Later, and card payments. This partnership extends PayPal's embedded finance reach into composable commerce architectures.
DOJ Sues to Block Visa's $5.3B Acquisition of Fintech Plaid
The U.S. Department of Justice filed an antitrust lawsuit to block Visa's $5.3 billion proposed acquisition of Plaid. The DOJ argued the deal would allow Visa to monopolize online debit payment rails and eliminate a nascent competitor. Plaid connects consumer bank accounts to fintech apps like Venmo and is central to the embedded finance ecosystem.
Visa and Mastercard Invest in Plaid's $250M Series C Round
Visa and Mastercard both made strategic investments in Plaid as part of its $250 million Series C round, valuing the fintech infrastructure company at $2.65 billion. Plaid provides APIs that connect fintech apps to users' bank accounts, serving 80% of major fintech firms including Venmo, Robinhood, and Chime. The co-investment by both card networks signals their intent to benefit from the growth of the fintech ecosystem reliant on bank-account connectivity infrastructure.
Plaid Raises $250M Series C at $2.65B Valuation for Banking API Platform
Plaid, a banking API infrastructure company, raised $250 million in a Series C round at a $2.65 billion valuation, led by Mary Meeker of Kleiner Perkins. New investors included Andreessen Horowitz and Index Ventures, bringing total funding to $310 million. Plaid's APIs connect fintech apps like Venmo, Robinhood, and Coinbase to over 10,000 U.S. and Canadian banks, powering apps used by 25% of U.S. bank account holders.