Another one: PayPal expands partnership with Shopify 🤝💳; HSBC explores landmark merger of commercial and investment banking divisions 👀🏦
FinTech is Eating the World, 9 September
Hey Everyone,
Happy Monday! We’re starting another great FinTech week, and on today’s radar, we have PayPal which just expanded its partnership with Shopify (what it’s all about & how to make sense of it + bonus deep dives into PayPal, Shopify & more), and banking giant HSBC which is exploring landmark merger of commercial and investment banking divisions (what this is all about & why it makes sense + a bonus deep dive into HSBC & other banking behemoths). So without further ado let’s just jump straight into the interesting stuff 🌶️
Another one: PayPal expands partnership with Shopify 🤝💳
The news 🗞️ Finance behemoth PayPal PYPL 0.00%↑ has just announced an expansion of its partnership with e-commerce platform Shopify SHOP 0.00%↑, marking another strategic move in CEO Alex Chriss's mission to refocus the company and drive long-term profitable growth.
This latest collaboration builds upon their previous joint venture in France two years ago.
Let’s take a quick look at this and see why it matters.