PayPal Commits Over $100 Million to Advance Financial Inclusion and Economic Empowerment of Women and Girls

PayPal Holdings, Inc. has announced a more than $100 million commitment to advance financial inclusion and economic empowerment for women and girls around the world over the next five years. The announcement was made during the Generation Equality Forum (GEF), a global gathering for gender equality, convened by UN Women and co-hosted by the governments of Mexico and France, in partnership with civil society. In support of its mission to build a more inclusive economy, PayPal was selected to join the Generation Equality initiative as a private sector lead for…

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PayPal Partners With CodeHouse, INROADS and National Association of Black Accountants to Mentor and Recruit Black and Diverse Talent

PayPal Holdings, Inc. has announced that it has entered into multi-year partnerships with CodeHouse, INROADS and the National Association of Black Accountants to develop and hire Black and diverse talent. The partnerships are part of a $535 million commitment first announced in June that includes strengthening PayPal’s internal Diversity, Inclusion, Equity and Belonging programs and supporting the recruitment, hiring and career advancement of Black and underrepresented employees. “PayPal’s mission to democratize financial services is inherently inclusive, and not only promotes, but demands diversity and equity,” said Tracy Brown, global head of talent, PayPal. “Each of these organizations is dedicated to creating career pathways for people of…

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PayPal Launches Enhanced Giving Platform to Put the Power of Fundraising in Customer’s Hands this Holiday

PayPal Holdings, Inc. has announced enhancements to its Giving platform, to provide customers with a new way to directly connect with millions of people who can help them raise money on behalf of a cause close to their heart, and allow those who can help to give what they can this holiday season. Inspired by the rising popularity of peer-to-peer crowdfunding accelerated by the global pandemic, PayPal will now enable its customers in the U.S. to create customized fundraising campaigns for themselves, their community or their cause through the Generosity…

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PayPal Announces $530 Million Commitment to Support Black Businesses, Strengthen Minority Communities and Fight Economic Inequality

PayPal Holdings, Inc. has announced a $530 million commitment to support Black and minority-owned businesses and communities in the U.S., especially those hardest hit by the pandemic, to help address economic inequality. As part of its investment, the company is bolstering its internal programs to further increase diversity, equity and inclusion within the PayPal community. “For far too long, Black people in America have faced deep-seated injustice and systemic economic inequality. Black lives matter and we need to drive transformative change. We must take decisive action to close the racial…

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PayPal Funds Research Into Illegal Firearm Distribution

According to the Gun Violence Archive, a nonpartisan group that attempts to track every incident of gun violence in the country, there were 418 mass shootings in the United States last year. With the U.S. holding the title for more public mass shootings than any other country globally, increasingly, Americans are looking to all stakeholders to solve the gun violence epidemic. In fact, nearly seven-in-10 (69%) Americans believe companies must act to address gun control. Now, one company is seeking out systematic solutions to the problem. PayPal has announced it…

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