4.2 C
Innichen
February 3, 2023
Finance Technologies

PayPal sweetens e-shopping processing with Honey deal

PayPal has struck a deal to acquire Honey, a shopping platform that offers online shoppers discounts and rewards, for $4 billion. The paytech giant will be acquiring Honey Science Corporation, the makers of a deal-finding browser add-on and mobile application, for $4 billion, mostly cash. It will give the payments giant a foothold earlier in the customer’s shopping journey. The acquisition, which is PayPal’s largest to date, will give the payments giant a foothold earlier in the customer’s shopping journey. The deal comes as the paytech faces increased competition from tech companies such as Apple, Google and Facebook which now…
PayPal sweetens e-shopping processing with Honey deal

Related posts

Sova Capital picks Iress for wealth management middle-office

Amme Jhonson

North Korea plans its own bitcoin

Amme Jhonson

Starling Bank lands £40m from existing backers

Amme Jhonson

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Privacy & Policy