Tag "PayPal"
Xoom Users Can Now Use PayPal’s Stablecoin for Cross-Border Transfers
Xoom, a subsidiary of PayPal specialising in cross-border money transfers, has enabled U.S. customers to utilise PayPal USD (PYUSD), a stablecoin pegged to the U.S. dollar, for international remittances. This addition enables users to convert PYUSD into U.S. dollars within
Read MorePayPal Backs Singapore-Based Sweef Capital and Quona Capital to Empower Women
PayPal invests in Sweef Capital’s Southeast Asia Women’s Economic Empowerment Fund (SWEEF) and Quona Opportunity Fund to support women’s inclusion in the global economic and financial system. Sweef Capital is a Singapore-based woman-led fund that focuses on opportunities that respond
Read MoreUncover Asia’s Fintech Pulse with 5 Reports and Whitepapers
In a rapidly changing financial landscape, knowledge is power. As businesses navigate the complexities of disruption, staying informed about the latest trends, strategies, and technologies is essential for survival and success. In this guide, we’ll explore a selection of reports
Read MoreFintech Layoffs Rock Asia in 2023: Who’s Next?
The fintech industry in Asia has been experiencing a wave of layoffs in 2023 as several companies grapple with economic uncertainties, market downturns, and the need for cost-cutting measures. From Singapore to Hong Kong, prominent fintech players have been forced
Read MoreThunes Enables PayPal’s Xoom to Send Remittances Directly to E-Wallet Users
Global cross-border payments network Thunes announced a collaboration with PayPal’s digital remittance service Xoom that will enable the latter’s customers in the United States, Canada, the U.K. and Europe to send remittances directly to mobile wallet users around the world.
Read MorePayPal Offers Tech Jobs to Expand Singapore Workforce by 25% With IMDA Partnership
PayPal has partnered with the Infocomm Media Development Authority of Singapore (IMDA) to grow its Singapore workforce by nearly 25%. The move supported by the Digital Industry Singapore (DISG) as PayPal’s expansion looks to deliver on its goal of leveraging
Read MoreFacebook and Paypal Invests in Gojek to Join its Bid to Boost Digital Payments
Gojek announced today that Facebook and PayPal have joined Google, Tencent and others as investors in its current fundraise. This new investment will support Gojek’s mission to boost Southeast Asia’s digital economy, with a focus on supporting payments and financial
Read MorePayPal and Mastercard Extend Instant Transfer to Singapore & Europe
Following the launch of its Instant Transfer feature in the U.S., PayPal and Mastercard recently extended the service to Mastercard cardholders in Singapore and a number of European countries. Mastercard Send™ is an application that leverages the card network infrastructure
Read MorePayPal Launches Women’s Program in Singapore for Greater Diversity in Tech
PayPal Pte Ltd has launched the Women Luminaries Program (WLP) in Singapore to help empower female students passionate about technology to pursue a career in the field. This initiative strives to dispel stereotypes surrounding the industry, correct the current gender
Read MoreDigital Debit Group Releases Retail-Grade QR App Powered by PayPal
Ready to use upon download, without card swipers or terminal hardware, the Digital Debit app make its way to a ready marketplace. Newly-released in the Apple App Store, merchants and freelancers can now accept in-person payments for services rendered from
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