FinTechFunding

PayPal: Acquires Happy Returns

  • Paypal (NASDAQ: PYPL) is to acquire Happy Returns, a Santa Monica, CA-based tech returns company
  • The amount of the deal was not disclosed
  • As part of PayPal, Happy Returns will continue offering its returns experience to retailers and shoppers
  • The technology and platform will help extend PayPal’s commerce platform beyond discovery and payments to the post-purchase experience
  • With PayPal’s support, the company will also focus on improving the platform and expanding its presence
  • Led by CEO David Sobie, Happy Returns provides a network that includes more than 2,600 drop-off locations, in over 1,200 unique metro areas in every state in the continental U.S.
Previous article
Rimuut: Partners with Nium
Next article
Bank of Ireland: Makes it easier for asylum seekers to open bank accounts
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

US Launches Cybersecurity Sharing Channel for Crypto Firms

New initiative aims to enhance security in the cryptocurrency sector.Highlights: US government launches a new cybersecurity sharing channel...
FinTech

PayPal Expands Payment Links to Canva Creators

Canva users can now easily monetize their designs with PayPal's new feature.Highlights: PayPal's payment links feature is now...
FinTech

Perpetuals Strengthens AI with Quantum Resilience as a Service

The new offering promises enhanced stability and security for fintech operations.Highlights: Perpetuals launches unique Quantum Resilience as a...
FinTech

Revolut Introduces AI Assistant for Money Management

New feature aims to enhance personal finance management for users.Highlights: Revolut launches an AI assistant for better money...