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According to an exclusive report by Fortune, PayPal is shutting down its corporate venture capital division PayPal Ventures, which was established nearly 10 years ago. The team has been reduced from over 10 people at the end of 2025 to just 2 currently, and the official website's staff page is no longer visible. PayPal stated that it is evaluating strategic options for its corporate venture capital division. PayPal Ventures was founded in 2016, and through three funds, it has invested in over 80 companies with a total scale of over $850 million, including Plaid, Anchorage Digital, and others. This adjustment occurs amid the company’s restructuring driven by new CEO Enrique Lores, with PayPal planning to save at least $1.5 billion in costs over the next two to three years.