Paypal Ventures is a California based venture capital firm investing in early-stage fintech startups. As an investment arm of Paypal, it invests in companies that are of strategic interest to its parent company. It focuses on startups involved in developing financial software, data & infrastructure, commerce enablement, blockchain, cryptocurrency, and online retailers. As of December 2019, it has made 29 investments with 21 portfolio companies. Most notable portfolio companies include Cambridge Blockchain, Cloud IQ, Pulsate, and OLO. Exits include companies like Loop Commerce and Simility.
Timeline
Funded Companies
A financial technology company with a mobile application to manage personal loan. Founded in 2011 and has headquarters in Santa Monica, California.
LendUp is a company building credit products that cater people with low credit or volatile income. It participated in the W12 cohort of Y Combinator.
Acorns is an Irvine, California-based micro-investing company allowing users to round up consumer purchases and invest the change.
Raisin is a Berlin-based company offering a savings and investment marketplace to connect retail customers with banks looking to expand their deposit reach.
PPRO provides access, processing, and collection services for alternative payment methods and value added services.
People
Calanthia Mei
Associate
Jay Ganatra
Executive
Mario Ruiz
Investor
