Citing a healthy balance sheet, PayPal CEO Dan Shulman told German newspaper Handelsblatt that his company is on the hunt for further acquisitions, with up to $3bn p.a. to spend on companies with specific capabilities, without divulging what those capabilities might be. The move comes as PayPal’s
Citing a healthy balance sheet, PayPal CEO Dan Shulman told German newspaper Handelsblatt that his company is on the hunt for further acquisitions, with up to $3bn p.a. to spend on companies with specific capabilities, without divulging what those capabilities might be. The comment was made after PayPal’s $2.2bn takeover of Swedish fintech firm iZettle, its biggest-ever deal to date.