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Venmo prototypes a debit card for teenagers

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Allowance is going digital. Venmo has been spotted prototyping a new feature that would allow adult users to create for their teenage children a...

Israel’s maturing cybersecurity startup ecosystem

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It often feels like half of the new security startups that receive funding are from Israel. As YL Ventures’ Yoav Leitersdorf and Ofer Schreiber...

Chargebee offers free subscription billing to Extra Crunch members for up...

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Extra Crunch is excited to announce a new community perk from automated subscription billing startup Chargebee. Starting today, annual and two-year members of Extra...

Fintech’s next decade will look radically different

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The birth and growth of financial technology developed mostly over the last ten years. So as we look ahead, what does the next decade have...

PayPal to acquire shopping and rewards platform Honey for $4B

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PayPal announced today it has agreed to acquire Honey Science Corporation, the makers of a deal-finding browser add-on and mobile application, for $4 billion,...

PayPal reports solid third-quarter results, with total payment volume growing 25%

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PayPal reported third-quarter results today that were slightly ahead of analysts’ expectations, driven by an increase in total payment volume. The company’s quarterly revenue grew...

Luge Capital raises $85M to invest in Canadian fintech startups

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There are 831 financial technology startups headquartered in or operating in Canada, according to data collected by Fintech Growth Syndicate, yet only a handful...

PayPal is the first company to drop out of the Facebook-led...

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PayPal has become the first company to walk away officially from Facebook’s Libra, a cryptocurrency and related association that it announced earlier this year with...

PayPal to enter China through GoPay acquisition

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The People’s Bank of China has approved PayPal’s acquisition of a 70% equity state in GoPay (Guofubao Information Technology Co. (GoPay), Ltd.), which will...

Fundbox raises $176 million Series C to build ‘Visa’ for B2B...

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Credit cards have become all but ubiquitous for consumer transactions, and it isn’t hard to see why. By intermediating payments, networks like Visa allow...