PayPal plans to shut down its venture capital division and seek to sell some of its holdings

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Deep Tide TechFlow News, June 18th, according to Fortune, PayPal is shutting down its approximately 10-year-old venture capital arm, PayPal Ventures. This move is part of the company's restructuring under the leadership of the new CEO. Sources say the team has been reduced from over 10 people at the end of 2025 to just 2 people currently. The company is also exploring the sale of some investments through the secondary market and has hired Jefferies to assist with potential transactions.

PayPal Ventures was established in 2016, with a total of over 80 companies invested through 3 funds, totaling more than $850 million. Its investments include Plaid, Anchorage Digital, and others. The report notes that following management changes, PayPal is pushing forward with business adjustments, organizational restructuring, and cost-cutting measures, aiming to save at least $1.5 billion over the next two to three years and accelerate the application of artificial intelligence.

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