Tag: merchants

NEW YORK (Reuters) – Payments firm PayPal Holdings Inc has agreed to acquire online lending company Swift Financial in a bid to expand its business that provides working capital to merchants. The acquisition will allow PayPal to offer loans to the larger businesses that process payments through its platform and better provide credit to firms […]

(Reuters) – Amazon.com Inc has stepped up lending to third-party sellers on its site who are looking to grow their business, a company executive said in an interview on Wednesday. The e-commerce giant has doled out more than $1 billion in small loans to sellers in the past 12 months, compared with more than $1.5 […]
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