PayPal Closes Venture Arm and Considers Portfolio Sales as Part of Restructuring

PayPal is shutting down its corporate venture capital arm, PayPal Ventures, which has been reduced to just two employees. The company is also exploring the sale of some portfolio stakes with Jefferies acting as advisor. This move comes amid a broader restructuring under new CEO Enrique Lores following leadership changes and cost-cutting measures.

By Caroline Ryan Sun, June 21, 2026 at 3:01 PM GMT+3 6 min read · Yahoo Finance · June 21, 2026, 12:01 UTC

Tickers: $JEF $PYPL

Topics: Corporate Restructuring Leadership Changes PayPal Venture Capital

Read the full article at Yahoo Finance

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