PayPal buys payments startup iZettle for $2.2 bn

PayPal on Thursday announced a deal to buy Swedish online commerce startup iZettle for $2.2 billion, a deal that came as the young company was poised for a stock market debut.

Don't fear your mobile wallet

Smartphones have replaced lots of other accessories—cameras, flashlights, calculators. But many people are still reluctant to swap the wallets in their pockets for their digital counterparts.

Paypal founder raises $100 mn for new payments startup

Affirm, a startup led by PayPal co-founder Max Levchin, said Thursday it secured $100 million in financing to expand its consumer lending business that aims to disrupt the credit card industry.

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