Tag Archives: PayPal

Paypal founder and early Facebook investor Peter Thiel bets big on Bitcoins

Bitcoin has gained global fame in the past year, but it’s been popular at Peter Thiel’s venture firm since at least 2012. Founders Fund, Thiel’s San Francisco-based firm known for early bets on SpaceX and Airbnb, has been purchasing small amounts of bitcoin in recent years, totaling no more than $20 million, to establish a “toehold” in the space, according to a person with ... Read More »

PayPal shortlists 5 fin-tech startups for India Incubator

Global digital payments company PayPal Holdings, Inc. has shortlisted five fin-tech startups for the fifth edition of its India Incubator Challenge, it said in a media statement. PayPal will be picking up an undisclosed amount of stake in each of the selected startups this year. Launched in 2013 in partnership with The Indus Entrepreneurs, the PayPal Incubator focuses on startups ... Read More »