PayPal plans to take Curv to improve crypto payment security

PayPal Holdings (NASDAQ: PYPL) is acquiring Curv, a provider of cloud-based infrastructure for digital asset securities such as cryptocurrencies.

Terms were not disclosed, but a report last week suggested PayPal may pay as much as $500 million for the Tel Aviv, Israel-based firm. A second report from Calcalist reported the sale price would be between $200 million and $300 million.

“The acquisition of Curv is part of our effort to invest in the talent and technology to realize our vision for a...

https://s29755.pcdn.co/news/paypal-acquires-crypto-security-firm-curv

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon