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Gift card e-commerce platform Raise Marketplace has reportedly picked up a $60m Series C round led by Accel.
Lending Club is hiring Steve Allocca PayPal’s global head of credit as its president as the lender continues to move away from the scandal that overturned its fortunes last year.
PayPal is expanding its offering and reaching more users with the acquisition of bill payment company TIO Networks for roughly $233m.
Payment services provider PayU is bringing on former PayPal senior director Matthias Setzer as global chief commercial officer. He joins the firm having spent 12 years at PayPal.
PayPay is making it easier for European e-commerce companies to attract Chinese customers through a partnership with UnionPay.