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PayPal is shelling our $400 million in cash for this 18-year-old company that helps gig workers get paid – TechCrunch

PayPal is shelling our $400 million in cash for this 18-year-old company that helps gig workers get paid – TechCrunch PayPal announced today that it’s paying $400 million in cash for Hyperwallet, an 18-year-old, Bay Area-based company that helps people and small businesses receive payments for products and services that …

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Toss, Korea’s top payment app, raises $40M from Sequoia China and Singapore’s GIC – TechCrunch

Toss, Korea’s top payment app, raises $40M from Sequoia China and Singapore’s GIC – TechCrunch The largest payment app in South Korea, Toss, has pulled in $40 million in fresh investment from Singapore sovereign wealth fund GIC and Sequoia China. The deal for Viva Republica, Toss’s parent company, comes just …

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Venmo is discontinuing web support for payments and more – TechCrunch

Venmo is discontinuing web support for payments and more – TechCrunch PayPal-owned, peer-to-peer payments app Venmo is ending web support for its service, the company announced in an email to users. The changes, which are beginning to roll out now, will see the Venmo.com website phasing out support for making …

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Reid Hoffman to talk ‘blitzscaling’ at Disrupt SF 2018 – TechCrunch

Reid Hoffman to talk ‘blitzscaling’ at Disrupt SF 2018 – TechCrunch When it comes to scaling startups, few people are as accomplished or consistently successful as Reid Hoffman . While the rest of us consider scaling a startup to market domination a daunting task, Hoffman has continued to make it …

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PayPal and Singapore’s Temasek invest $125M in Indian payment startup Pine Labs – TechCrunch

PayPal and Singapore’s Temasek invest $125M in Indian payment startup Pine Labs – TechCrunch Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine Labs with a …

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Latin America’s Movile is quietly building a mobile empire – TechCrunch

Latin America’s Movile is quietly building a mobile empire – TechCrunch By 2020, Brazilian mobile giant, Movile, wants to improve the lives of more than one billion people through its apps. The company began its mission in 1998 selling gaming, news and SMS messaging services to mobile operators in Brazil. …

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