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PayPal will gradually shut down its venture capital division, PayPal Ventures, considering selling some investment positions through the secondary market.
BlockBeats News, June 18 — According to Fortune, PayPal Holdings is gradually shutting down its enterprise venture capital division, PayPal Ventures, which has been operating for 10 years, and is considering selling some of its investment positions via the secondary market. The division’s headcount has been reduced from more than 10 people at the end of 2025 to just 2. The company has hired the investment bank Jefferies to assist with related potential transactions. A PayPal spokesperson said the company is “exploring strategic options for its corporate venture capital business,” but did not disclose more details.
This adjustment takes place amid leadership changes at PayPal and a comprehensive restructuring. After the new CEO assumed office, the company carried out an organizational reshuffle and advanced a large-scale cost-cutting plan, aiming to save at least $1.5 billion in costs over the next few years.