Fintech company Affirm is the latest to cut ties with My Pillow
Wednesday, 20 January 2021, 22:04:46
Summary List Placement Fintech startup Affirm has ended its relationship with My Pillow and removed the product from the platform, the company confirmed to Insider on Wednesday. Affirm is a buy now, pay later e-commerce platform founded by PayPal alum Max Levchin. It joins Bed Bath and Beyond and Kohl's in cutting ties with My Pillow after founder Mike Lindell continued to push baseless claims of election fraud. “It's 100% percent cancel culture,” Lindell, a vocal supporter of former President Donald Trump, told Insider in an interview. “They were afraid of being boycotted by customers, because they live in fear of all these attack groups. And they're not their customers. What's going to happen to them now is that all the real customers are gonna be very upset,” Lindell added. Read more: Leaked documents show how McDonald's plans to win the 2021 chicken-sandwich wars. Here's everything we know about the looming fast-food battle. Though Affirm did not share the reason for ending the relationship, Bed Bath and Beyond and Kohl's both referenced poor sales and decreased customer demand as the drivers behind their decisions.
— Business Insider
Peter Thiel bought this Miami compound on an exclusive manmade island for $18 million — see inside
Wednesday, 20 January 2021, 18:50:58
Summary List Placement Tech billionaire Peter Thiel bought an $18 million Miami property in September, Becky Peterson at Insider reported. Public records show that Thiel bought the property from the former chief executive of Ford Motor Company, Jacques Nasser, through an LLC called Atlantic View Holdings. Read more: Peter Thiel bought an $18 million island estate in Miami that was once featured on MTV's ‘The Real World' The waterfront property comprises two homes that span a combined 10,041 square feet, as well as two outdoor swimming pools and a private boat dock, according to the Multiple Listing Service. It sits on the manmade Venetian Islands in Biscayne Bay. The 72-year-old Nasser, who was Ford's CEO from 1999 to 2001, bought both homes in 2005 for $5 million, per Mansion Global. Before it was acquired by Nasser, the house was the site of the 1996 season of MTV's “The Real World: Miami.” Thiel, who was a co-founder of PayPal and Palantir and sits on the board of Facebook, bought the property for slightly less than the original $19.9 million listing price from July.
— Business Insider
MoneyMatrix makes PayPal available for iGaming clients in 15 countries
Wednesday, 20 January 2021, 10:25:40
Payment processing gateway MoneyMatrix announces a new partnership with the popular payment solution PayPal. Through the new partnership, MoneyMatrix’s iGaming clients will be able to offer players PayPal top-ups and withdrawals in 14 EU countries and the UK. PayPal can now be swiftly integrated by iGaming operators using the MoneyMatrix payment processing platform. Casino […]
— European Gaming Media
Payments firm PPRO becomes unicorn – BusinessCloud
Wednesday, 20 January 2021, 10:09:36
£132m raise for firm powering cross-border payments for likes of Mastercard and PayPal
PayPal Becomes First Foreign Company to Offer Digital Payments in China
Wednesday, 20 January 2021, 10:03:08
U.S. fintech giant PayPal has completed a stake acquisition deal that makes it the first foreign company to offer digital payment services in China, as Beijing vows to open up its domestic financial market to foreign investors. PayPal acquired a 30% stake in Gopay, a Chinese provider of electronic payment services, a little more than […] The post PayPal Becomes First Foreign Company to Offer Digital Payments in China appeared first on South Africa Today .
— South Africa Today
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