Sunday, December 22, 2024

PayPal Ventures: Invests in Skipify

PayPal Ventures: Invests in Skipify

  • PayPal Ventures is an American multinational financial technology company operating an online payments system
  • Skipify is a technology company based in San Mateo, California. Their mission is to eliminate friction in the shopper’s journey
  • This round, in addition to the recent Series A co-led by Flourish Ventures and Point72 Ventures
  • Skipify is poised to unlock Frictionless Commerce for hundreds of millions of shoppers and tens of millions of merchants
  • Skipify’s Modern Checkout Stack provides merchants with the tools needed to offer instant checkout across their website
  • The new funds raised allow Skipify to rapidly enhance its core product and infrastructure

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