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Paypal Acquires Honey for $4 Billion

Janelle Fox

Summary: Paypal, one of the largest payment processors, has finalized the purchase of deal finder startup Honey, according to Bitcoinist. Paypal acquired Honey for $4 billion, in a move that looks to push the processor infront of their crypto-friendly payment rival, Square. This acquisition aims to expand the retail experience and serves to increase the influence ...

Paypal, one of the largest payment processors, has finalized the purchase of deal finder startup Honey, according to Bitcoinist.

Paypal acquired Honey for $4 billion, in a move that looks to push the processor infront of their crypto-friendly payment rival, Square. This acquisition aims to expand the retail experience and serves to increase the influence of PayPal and Venmo.

By Janelle Fox

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