Posts filtered by tags: Dan Schulman[x]


 

PayPal CEO says spending via its buy-now-pay-later service soared 400% on Black Friday, as inflation bites and shoppers feel the pinch

BNPL use soared on Black Friday.Guan Xiangdong/China News Service via Getty Images PayPal saw the use of its buy-now-pay-later (BNPL) service soar on Black Friday, CNBC reported. The same was true for other BNPL platforms too. With inflation at record highs, these services allow customers to spread the cost of pricier goods. PayPal saw the use of its buy-now-pay-later payment service soar on Black Friday. In an interview with CNBC's Jim Cramer, PayPal CEO Dan Schulman said that the volume...
Tags: US, Trends, Paypal, Cnbc, Klarna, Jim Cramer, Dan Schulman, Neil Saunders, Adobe Analytics, GlobalData Retail, Mary Hanbury, BNPL, Getty Images PayPal, Guan Xiangdong China News Service


PayPal CEO Dan Schulman Debuts ‘Never Stand Still’ Podcast Season 4

PayPal president and CEO Dan Schulman has launched the fourth season of his podcast “Never Stand Still” on Tuesday, Nov. 30, with the first episode theme being “leading with purpose.” A new episode will drop every following Tuesday, amounting to 13 episodes total. The podcast explores some of the guiding principles Schulman has learned in […]
Tags: News, Paypal, Dan Schulman, Schulman


Most Americans support CEOs speaking out on inequality, racism, and diversity, new survey shows

PayPal CEO Dan Schulman has become an outspoken advocate for leaders paying their workers fair wages.Evan Agostini/AP 63% of Americans believe CEOs "have a responsibility to take a stand" on societal issues. That's according to a recent poll conducted by the nonprofit research firm JUST Capital. The survey found Americans support CEOs speaking out on climate change and income inequality.  Since the summer of 2020, there's been debate in the business and political community over ...
Tags: Google, Trends, Paypal, Melinda Gates, Jamie Dimon, Jp Morgan Chase, Evan Agostini, Ray Dalio, Dan Schulman, Schulman, Tonti, Brunswick Group, Lata Reddy Prudential, JUST Capital, Marguerite Ward, Best Buy Accenture


Elon Musk just lost $50 billion in 2 days, but he's still the world's richest person. Here's how the Tesla and SpaceX CEO makes and spends his $288 billion fortune.

Patrick Pleul/picture alliance via Getty Images Elon Musk just lost $50 billion in just two days, but he's still the richest person in the world. A notorious workaholic, Musk doesn't spend his money on lavish vacations or expensive hobbies. Here's how Musk makes and spends his $288 billion fortune. Decades before becoming a father of six and amassing an $288 billion fortune, Musk taught himself to code as a child growing up in South Africa. By the time he was 12, he sold ...
Tags: Google, Amazon, Spacex, Elon Musk, New York, California, Washington, Ebay, Life, Stanford, Careers, Entrepreneur, Trends, Strategy, Tesla, Bloomberg


From fashion star Telfar Clemens to JPMorgan CEO Jamie Dimon, these 10 leaders are transforming how America addresses racial equity

The summer of 2020 and the year of 2021 forced business leaders to confront racism and racial inequity in new ways. Warrick Page/Getty Images For millions of Americans, 2020 and 2021 marked a turning point in the journey for racial equity. Industry leaders doubled down on the anti-racism work they'd been toiling over for years. Insider highlights the top 10 people transforming diversity and inclusion in business. Visit Insider's Transforming Business homepage for mor...
Tags: US, America, Trends, Linkedin, Merck, Paypal, Telfar Clemens, Kenneth Frazier, Jamie Dimon, Shannon Schuyler, Jpmorgan, Floyd, Dan Schulman, Dimon, Ibram X Kendi, Timnit Gebru


You'll be able to use Venmo to buy stuff on Amazon starting from next year, PayPal says

Starting in 2022, Venmo users can pay for Amazon purchases with their Venmo accounts. fizkes/Getty Images PayPal, which owns payment app Venmo, said Monday it struck a deal with Amazon. From 2022, Venmo users will be able to buy things on Amazon using Venmo. This marks the end of a deal with eBay which blocked Venmo from doing business with competitors. Popular mobile payment app Venmo is teaming up with Amazon.Venmo's parent company PayPal announced during its Q3 earnings call Monday ...
Tags: Amazon, News, Ebay, Trends, Paypal, Retail, Venmo, Dan Schulman, Schulman, Tech Insider, Venmo PayPal, Isobel Asher Hamilton, Getty Images PayPal, Amazon Venmo


PayPal Is Exploring a Stock-Trading Platform For US Customers

PayPal is exploring a possible stock-trading platform, after rolling out the ability to trade cryptocurrencies last year. CNBC reports: The San Jose, California-based company recently hired brokerage industry veteran Rich Hagen as part of the move, according to one of the sources. After leaving Ally Invest, Hagen is now the CEO of a previously unreported division of PayPal called Invest at PayPal, according to his LinkedIn page. Hagen was the co-founder of online brokerage TradeKing, which was b...
Tags: Tech, Paypal, Cnbc, San Jose California, FINRA, Hagen, Dan Schulman, US Customers, Rich Hagen


PayPal's CEO says his father is the leader he most admires, teaching him the value of humility and listening

Evan Agostini/AP PayPal CEO Dan Schulman has a reputation as being one of Silicon Valley's more sympathetic bosses. He credits his father as his leadership hero because he taught him soft skills. Schulman told the that humility and respect are what truly inspires people. See more stories on Insider's business page. PayPal CEO Dan Schulman can boast at least one great business mentor, having spent eight years being personally mentored by Virgin founder Richard Branson.But he c...
Tags: Verizon, New York, Trends, Paypal, Ap, American Express, Richard Branson, Silicon Valley, Branson, My dad, Stephen Jones, Krav Maga, Evan Agostini, Dan Schulman, Schulman, Mel Schulman


PayPal steps up its crypto push by allowing British customers to buy, hold, and sell 4 digital tokens

Luis Alvarez PayPal customers in the UK will be able to buy, hold, and sell cryptocurrencies starting this week. The service is initially limited to bitcoin, ethereum, litecoin, and bitcoin cash. This marks PayPal's first international crypto product expansion outside the US. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. PayPal announced on Monday that customers in the UK will be allowed to buy, hold, and sell cryptocurrencies starting this week.Users can a...
Tags: UK, China, US, Trends, Paypal, Financial Times, Cnbc, Dan Schulman, Luis Alvarez, CBDC, Shalini Nagarajan, Opening Bell PayPal, Jose Fernandez da Ponte, Fernandez da Ponte


Venmo to allow credit card holders to automatically buy cryptocurrency with their cash back

PayPal-owned Venmo is expanding its support for cryptocurrency with today’s launch of a new feature that will allow users to automatically buy cryptocurrency using the cash back they earned from their Venmo credit card purchases. Unlike when buying cryptocurrency directly, these automated purchases will have no transaction fees associated with them — a feature Venmo says is not a promotion, but how the system will work long term. Instead, a cryptocurrency conversion spread is built into each mon...
Tags: Tech, Paypal, Gm, Crypto, Venmo, Dan Schulman, Darrell Esch, Bitcoin Ethereum Litecoin, Paxos Trust Company, Venmo Credit Card, Which Nubank, PayPal In, Crypto Venmo


Venmo to allow credit cardholders to automatically buy cryptocurrency with their cash back

PayPal-owned Venmo is expanding its support for cryptocurrency with today’s launch of a new feature that will allow users to automatically buy cryptocurrency using the cash back they earned from their Venmo credit card purchases. Unlike when buying cryptocurrency directly, these automated purchases will have no transaction fees associated with them — a feature Venmo says is not a promotion, but how the system will work long term. Instead, a cryptocurrency conversion spread is built into each mon...
Tags: Tech, Paypal, Gm, Crypto, Venmo, Dan Schulman, Darrell Esch, Bitcoin Ethereum Litecoin, Paxos Trust Company, Venmo Credit Card, PayPal In, Crypto Venmo


PayPal’s new ‘super app’ is ready to launch, will also include messaging

PayPal’s plan to morph itself into a “super app” have been given a go for launch. According to PayPal CEO Dan Schulman, speaking to investors during this week’s second-quarter earnings, the initial version of PayPal’s new consumer digital wallet app is now “code complete” and the company is preparing to slowly ramp up. Over the next several months, PayPal expects to be fully ramped in the U.S., with new payment services, financial services, commerce and shopping tools arriving every quarter. The...
Tags: Ebay, China, India, Tech, Paypal, Dan Schulman, Schulman, Schulman PayPal


PayPal’s new ‘superapp,’ to include messaging, is ready to launch

PayPal’s plan to morph itself into a “superapp” has been given a go for launch. According to PayPal CEO Dan Schulman, speaking to investors during this week’s second-quarter earnings call, the initial version of PayPal’s new consumer digital wallet app is now “code complete” and the company is preparing to slowly ramp up. Over the next several months, PayPal expects to be fully ramped up in the U.S., with new payment services, financial services, commerce and shopping tools arriving every quarte...
Tags: Ebay, China, India, Tech, Paypal, Dan Schulman, Schulman, Schulman PayPal


'Values cannot be words on a wall': PayPal CEO Dan Schulman on why corporations must end racial discrimination

From $535 million racial justice fund to boosting Black and Hispanic Americans, PayPal CEO Dan Schulman calls on companies to close racial wealth gap       [Author: USA TODAY]
Tags: Usa, News, Paypal, Usa Today, Dan Schulman


Insider finance: Venmo adds crypto

REUTERS/ Brendan McDermid Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:Venmo just launched crypto-trading features on its app. Private-equity firms are getting more aggressive outbidding average Americans for single-family homes.Find out how much influencers get paid to drive sign-ups to fintechs like Robinhood. If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating ban...
Tags: Trends, Paypal, Nasa, Robinhood, Fintech, Venmo, Citi, Kevin Mazur Getty, AQR, Cliff Asness, Dan Schulman, Broadridge, Samantha Lee, Chris Giancarlo, Vinay Nair, Roiter


PayPal Launches Checkout With Crypto Service

PayPal has launched Checkout With Crypto, a cryptocurrency service for merchants across the US, and will roll it out over the next few months. From a report: "This is the first time you can seamlessly use cryptocurrencies in the same way as a credit card or a debit card inside your PayPal wallet," PayPal CEO Dan Schulman told Reuters. Checkout With Crypto service will enable those holding cryptocurrencies on the platform to spend it with all of PayPal's merchants. Supported cryptocurrencies incl...
Tags: US, Tech, Paypal, Crypto, Litecoin, Dan Schulman, Schulman, Bitcoin Bitcoin Cash Ethereum, Crypto Service, Reuters Checkout With Crypto


PayPal’s new feature allows U.S. consumers to check out using cryptocurrency

PayPal this morning announced the launch of Checkout with Crypto, a new feature that will allow consumers to check out at millions of online businesses using cryptocurrency. The feature expands on PayPal’s current investments in the cryptocurrency market, which include its partnership with Paxos to power its service that allows customers to buy, sell and hold a range of cryptocurrencies, and more recently, its acquisition of cryptocurrency security startup Curv. According to PayPal, customers wi...
Tags: TC, Japan, Money, Tech, Tesla, Paypal, Bitcoin, United States, Crypto, Rakuten, Cryptocurrencies, Coinbase, Cryptocurrency, Litecoin, Digital Currencies, Financial Technology


PayPal customers can now use cryptocurrency to pay merchants. Its CEO bought a pair of cowboy boots in the platform's first crypto checkout transaction.

PayPal President and CEO Dan Schulman. Evan Agostini/AP PayPal told Reuters that it was now letting US consumers use cryptocurrency holdings to pay online. Customers can use bitcoin, ether, bitcoin cash, or litecoin in their PayPal digital wallets to pay merchants. CEO Dan Schulman told Fast Company he made the first cryptocurrency purchase, buying a pair of cowboy boots. See more stories on Insider's business page. PayPal has started allowing US consumers to use their cryptocurrency h...
Tags: US, Trends, Markets, Tesla, Paypal, Bitcoin, Crypto, Fast Company, Cryptocurrencies, Reuters, San Jose California, Dan Schulman, Schulman, Grace Dean Reuters, Markets Contributors, Dan Schulman Evan Agostini


Alt data's ESG gold rush - Mastercard dives into esports - Leaked Iconiq fund data

New York City, USA - August 1, 2018: Elevated view of the skyline of modern skyscrapers of Manhattan at sunset in New York City, USA J2R/Shutterstock Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:Alt data is helping investors looking for ESG-focused datasets.A prominent investment consultant has put Pimco "on watch" after repeated discrimination claims at the firm. We've got data on all the startups secretive wealth m...
Tags: US, Trends, Paypal, Credit Suisse, Manhattan, Pimco, ESG, League Of Legends, Mastercard, Bern Switzerland, New York City USA, Dan Schulman, NEPC, Didi Chuxing, John Lamparski Getty, Samantha Lee


In the News: Venue Operators Awaiting Funds From $15 Billion Grant

The COVID-19 pandemic has spared few industries, but venue operators have been especially hit hard. And as venues across the country start opening partially, many operators are looking to get a lifeline from the Shuttered Venue Operators (SVO) Grant until they can fully open. In this week’s roundup, the Shuttered Venue Operators Grant Program to Begin Soon, $15 Billion Available piece looks at what awaits these businesses and how they can go about applying for the funds. Just like the PPP loan...
Tags: Facebook, Sales, Joe Biden, Paypal, Biden, PPP, SBA, US Census Bureau, Dan Schulman, Small Business News, Digital Commerce 360 Research Data


PayPal CEO Dan Schulman Addresses Small Business in Inequality Speech

Small business owners need to listen up. The CEO of a big player in the digital space is saying capitalism needs a makeover. The head of PayPal is saying the tweaks needed are important for our democracy, too. And these changes will affect small businesses. PayPal CEO Dan Schulman talked on “upgrading capitalism” in a recent keynote interview. It was during the first day of  The Conference Board’s Virtual Event, Building a More Civil & Just Society. PayPal CEO Says Capitalism Needs an Upgrade ...
Tags: Sales, Paypal, United States, Ndi, Dan Schulman, Schulman, Small Business News


PayPal's finance chief says the company is unlikely to invest in cryptocurrencies, but sees massive potential in digital wallets

Spencer Platt/Getty Images PayPal is interested in making investments that drive growth, rather than investing in cryptocurrencies.But it believes the transition to digital currencies is inevitable and sees massive potential in digital wallets.CEO Dan Schulman told CNBC the company takes its capital allocation "quite seriously."Sign up here for our daily newsletter, 10 Things Before the Opening Bell.PayPal is unlikely to invest cash in cryptocurrencies like bitcoin, John Rainey, the compan...
Tags: UK, Trends, Tesla, Bank Of America, Paypal, Barclays, Cnbc, Mastercard, Jim Cramer, Rainey, Dan Schulman, Schulman, Bank of New York Mellon, John Rainey, Shalini Nagarajan, Spencer Platt Getty Images PayPal


Wall Street intern recruiting heats up - Top 20 M&A bankers - PayPal's crypto future

CHICAGO - OCTOBER 14: Traders watch prices in the Dow Jones Industrial Average stock index futures pit on the CME Group trading floor October 14, 2009 in Chicago, Illinois. Today the Dow closed above 10,000 for the first time in a year and seven months after it hit a 12-year low of 6,547.05 on March 9. (Photo by Scott Olson/Getty Images) Scott Olson/Getty Images Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:The process for nabbing a ...
Tags: Australia, Washington, America, Trends, Paypal, Chicago, Reddit, Jeff Bezos, North America, Robinhood, Dow Jones, DST Global, Gamestop, SPAC, CME Group, Chicago Illinois


Venmo to gain crypto, budgeting, savings and Honey integrations this year

The Venmo mobile payments app is going to look very different in 2021 as it inches closer to neobank territory with expansions into budgeting, saving and cryptocurrency, said Venmo parent company PayPal, during its fourth-quarter earnings on Wednesday. The company also plans to put its $4 billion Honey acquisition to work by integrating its suite of shopping tools into the Venmo app, including merchant offers, deals, price tracking and wish lists. PayPal already signaled its intentions to bring ...
Tags: Finance, Tech, E-commerce, Paypal, Online Shopping, Mobile Payments, Online Payments, Financial Services, Digital Currency, Venmo, Mobile Banking, Honey, FDIC, Dan Schulman, Schulman, Venmo Venmo


PayPal shares climb as quarterly profits triple amid increasing use of digital payments

Dan Schulman President and CEO of PayPal. PayPal/Samantha Lee/Business Insider PayPal just completed its "strongest year" ever achieving "record growth" according to CEO Dan Schulman. The company posted $1.57 billion in net income on $6.1 billion in revenues in its earnings results. PayPal expects to deliver revenue growth of over 20% throughout 2021. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Shares of PayPal climbed on Thursday after the company announced a...
Tags: Amc, Trends, Paypal, Reddit, Gamestop, Jpmorgan, GAAP, San Jose California, Dan Schulman, Schulman, Will Daniel, Vanda Research, PayPal PayPal Samantha Lee Business Insider PayPal


PayPal reported its strongest-ever quarterly growth in payment volume in Q4 with $277 billion as the pandemic fueled online transactions

PayPal CEO Dan Schulman. PayPal; Samantha Lee/Business Insider PayPal reported its strongest quarterly growth in total payment volume in Q4 with $277 billion. That's a 39% increase from Q4 2019, when the company reported $199 billion in total payment volume. PayPal enjoyed a surge in use in 2020 as the pandemic drove more online transactions. Visit the Business section of Insider for more stories. PayPal said it reported its strongest quarterly growth in total payment volume in its fourth-...
Tags: Finance, Trends, Paypal, Earnings, Tech Companies, Rainey, Dan Schulman, Schulman, Digital Payments, Tech Insider, Samantha Lee, John Schulman, Macy s Uniqlo, John Rainey, Katie Canales, BI Graphics


Meet Robinhood's legal team - PayPal eyes 1 billion active accounts - More Goldman banker shakeups

Lucky-photographer/Shutterstock Welcome back. This week is already shaping up to be big one, with the House considering pushing ahead with impeachment proceedings for President Donald Trump. So what's that mean for the markets? It remains to be seen. As we've spoken about before, the ties between what's taking place in Washington and investor sentiment is often complex. If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, ...
Tags: Shutterstock, Washington, US, Trends, Paypal, Getty Images, House, Goldman Sachs, Donald Trump, Robinhood, Citadel, Ken Griffin, Evan Agostini, Dan Schulman, Debevoise Plimpton, Goldman Sachs Goldman Sachs


Under-the-radar hedge funds to watch - Goldman tech banker heads to Instacart - PayPal's North Star

Hello, readers!Welcome to Insider's weekly roundup of the top stories from across Wall Street. If you're not yet a newsletter subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals. On Wednesday, a pro-Trump mob stormed the US Capitol while Congress was confirming Joe Biden's win in the presidential election. It took hours for authorities to clear the Capitol building, and five people have died.Insider analyzed 23 memos from CEOs includ...
Tags: Congress, Wall Street, US, Trends, Joe Biden, Paypal, Credit Suisse, Ubs, Square, Goldman Sachs, Department Of Homeland Security, Max Levchin, Goldman, Jamie Dimon, Blackrock, Rockefeller


Inside PayPal's big investment into its employees - M&A trends to watch in 2021 - Futures contracts on NFL games

A woman throws confetti during the 2021 New Year’s Eve celebrations on January 1, 2020, in New York City. Alexi Rosenfeld/Getty Images Welcome back! After a brief hiatus over the holidays, your favorite finance newsletter is back.So what'd we miss? After much deliberation, a second stimulus check was approved. US stocks closed at record highs on the last day of trading in 2020. And bitcoin has been an absolute rocketship.  By the way, we rounded up our best stories from 2020. If you haven't...
Tags: US, NFL, Trends, Paypal, Ap, Goldman, Jamie Dimon, Cnbc, Mastercard, Index Ventures, Citi, Jpmorgan, Greenberg Traurig, Carlyle Group, Vosburg, Dan Schulman


Leadership at United Way Worldwide consistently ignored allegations of inappropriate behavior, former employees said

Hello everyone! Welcome to this weekly roundup of stories from Insider from Business co-Editor in Chief Matt Turner. Subscribe here to get this newsletter in your inbox every Sunday.Read on for more on allegations of inappropriate behavior at United Way, the battle between Google and Uber in the race to create the autonomous car, and PayPal's record-breaking 2020. Read time: Five 1/2 minutes. United Way CEO Brian Gallagher. Nick Wass/AP Images for United Way Worldwide Hello 2021!I hope yo...
Tags: Apple, Google, Uber, Elon Musk, Texas, News, Microsoft, California, Cdc, Steve Jobs, New York City, US, Trends, Tesla, Paypal, Larry Page