PayPal Shuttering Venture Arm Amid Restructuring Under New CEO

PayPal is winding down its corporate venture arm as part of a broader restructuring under new CEO Enrique Lores. The company has reduced the team from over ten to just two members and may sell some positions via Jefferies, an investment bank.

By Ben Weiss Tue, June 16, 2026 at 10:53 PM GMT+3 3 min read · Yahoo Finance · June 16, 2026, 19:53 UTC

PayPal Shuttering Venture Arm Amid Restructuring Under New CEO

Tickers: $JEF $PYPL

Topics: fintech investment strategy PayPal restructuring

Read the full article at Yahoo Finance

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