PayPal Ventures

Congratulations to Tuoyo Louis, co-founder and managing partner of our portfolio company Seae Ventures for making Fierce Healthcare's Top 10 Most Influential Minority Executives list! We’re proud to support you and the entire Seae Ventures team as you continue to invest in early-stage healthcare technology and services companies founded by diverse entrepreneurs. 

Last night, we had the pleasure of co-hosting a vibrant dinner with Comcast Ventures, focused on #FinTech, #DeepTech, and #AI. The evening was filled with enriching conversations with inspiring founders, dedicated operators, and innovative portfolio companies. It's always a wonderful time to come together with our East Coast partners and hear firsthand about the latest advancements in tech. We're committed to connecting our portfolio companies with executives at PayPal and our close corporate partners to drive further collaboration. If you're an AI founder, connect with us! 🚀 Businessplans@paypal.com

As a part of our webinar on the Vertical Applications of AI, Pranay Shetty of Sei AI, dove deep into the transformative potential of AI in customer support and compliance solutions. Our speakers explored AI's robust capabilities, spotlighting its ability to sift through vast troves of data including marketing materials and customer support calls to flag compliance issues. Check out the video below to learn more and stay tuned as we continue to explore the evolving landscape of AI! 

In our webinar on Vertical Applications of AI, Alan Nichol of Rasa discussed the strategic importance of open source for companies, particularly in infrastructure sectors. He emphasized how open source protects investments and ensures product continuity even if the company ceases to exist. Learn more from Alan in the video below:

Last week, we had the pleasure of co-hosting a session in Atlanta for the 2024 CODEHOUSE cohort of incoming HBCU freshmen pursuing STEM fields. The event was a fantastic opportunity for knowledge sharing, offering insightful perspectives on #VentureCapital, #Entrepreneurship, and #Technology. The enthusiasm and passion of these young minds was invigorating, and we're excited to see the future innovations they will bring to these fields. 

Our PayPal Impact Day brought together teams from coast to coast, uniting in service and making a meaningful impact in the communities where we live and work. It’s so great to see our PayPal Ventures team members participate in service projects dear to their hearts. Looking forward to more impactful moments and collaborative efforts ahead— we enjoyed connecting with our colleagues while making lasting impact! 

Excited for Forage to expand EBT as a payment method on DoorDash, enhancing access to food for the 42 million Americans receiving EBT benefits. For many, especially those living in food deserts or facing mobility challenges, grocery delivery is not just a convenience—it's essential. Congratulations! #Investment #FoodAccess #SNAPEBT #DoorDash #Forage

For the final part of our series, we’re showing how the crypto landscape is evolving with emerging trends reshaping the ecosystem. From the meteoric rise of stablecoins, with circulation ballooning from less than $5B to approximately $150B across various issuers, including PayPal USD (PYUSD), to the staggering $5.9T in transfers recorded in 2024, the potential of stablecoins is only beginning to unfold. Be sure to check out our full report on Crypto here: https://lnkd.in/gKXV6_fe

Congratulations to our new portfolio company Gynger on their $20 million Series A funding round and $100 million debt facility! As the first embedded financing platform for tech purchases, Gynger is on a mission to enable businesses to scale by financing tech spend. We're thrilled to have co-led the round and proud to be backing Mark G. and the entire Gynger team. Welcome to the portfolio, Gynger! Check out our blog post below and on our website at www.paypal.vc for our thoughts on the future of buying and selling software.