Video: fintech news pick of the week – eBay splits from PayPal; EU plans new digital wallet
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
eBay
eBay split from PayPal for paying sellers comes into effect
In the pipeline for some time, the switch marks a final loosening of a long-term partnership.
eBay edges away from PayPal to offer cash advances with UK fintech YouLend
Ebay purchased PayPal back in 2002, before spinning it off in 2015.
Libra publishes signed charter with 21 members, inc. Spotify, Uber and PayU
Libra’s meeting also agreed on board members and staff.
Mastercard, Visa, eBay and Stripe follow PayPal’s suit and leave Facebook’s Libra
Facebook’s hopes of a global cryptocurrency are hanging in the balance.
eBay launches cash flow loans with Asto
The app will provide eBay small business customers with a simple cash flow loan when they need it.
Omidyar Network releases fintech venture fund with Flourish
New firm Flourish launches evergreen fund backed by founder of eBay.
eBay sellers to get access to Square Capital
Sellers in the US could get access to funding up to the value of $100,000.
eBay ditches PayPal for Adyen
Dutch outfit Adyen fits – and becomes primary processing partner.
You may soon be able to bid with Bitcoin on eBay
The digital currency is making a surprising entrance into the mainstream financial world.
