Tag: PayPal
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๐ฐ๐ช His $5,000 was frozen by PayPal. Now heโs raised nearly $6million to expand stablecoin cross-border payments for Africans
At 19, David Nandwa had a $5,000 payment frozen by PayPal. That frustration became fuel. Months later, he launched Honeycoin, a fintech bridging blockchain and traditional finance across Africa. Today, it processes over $150 million monthly in 40 markets, backed by nearly $6 million in funding. Five years ago, a young software engineer in Nairobi…
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How to build with PayPal USD (PYUSD) on Solana
PayPal USD PYUSD tickers down$1.00 is now available on Solana, offering developers a new stablecoin option for their projects. With easy access to test tokens on the Solana Devnet faucet, comprehensive developer documentation and compatibility with the broader Solana ecosystem, building with PYUSD has never been more accessible. This article explains what PYUSD is, where…
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PayPal Is Planning an Ad Business Using Data on Its Millions of Shoppers
PayPal is launching an advertising business leveraging its extensive user data to drive growth. The company has appointed Mark Grether, former head of Uberโs advertising unit, as senior vice president and general manager of the new PayPal Ads division. Grether will develop ad formats, oversee sales, and hire staff for the division. Key Developments Strategic Hires…
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Lightspark CEO David Marcus: Lightning Network Will Become the World’s ‘Interoperability Neutral Settlement Layer’
David Marcus, CEO of Lightspark, a company that offers lightning network (LN) related services, has stated that LN will become the โinteroperability neutral settlement layerโ for the world. Marcus declared that only Bitcoin is โneutral enoughโ to be implemented as the enabler between national payment systems, granting companies and institutions adopting it an edge for…
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‘Two taps and someone’s life savings could be gone’: Venmo, Zelle and Cash App fraud is ‘skyrocketing’, top District Attorney warns, demanding companies do more to protect users
Venmo, Zelle and Cash App are leaving customers vulnerable to theft, a top District Attorney has said Manhattan District Attorney Alvin Bragg accused the instant payment apps of putting customers at risk of fraud which is ‘draining bank accounts of significant sums of money.’ Bragg sent letters to the popular apps demanding that they increase…
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