Happy New Year! I hope that wherever you are in the world, and however you choose to celebrate the holiday season, that you are entering 2019 rested, re-energized, and with a clear sense of mission. As I’m sure some of you did as well, I took a bit of time for reflection over the last few days. We get so busy in our day-to-day work that I’m always thankful for those quiet moments and the opportunity to take stock and look forward.
We are pleased to announce that PayPal was once again named on the Forbes list of the Best Employers for Diversity in 2019. We consistently strive to create a more diverse and inclusive workplace year by year, and are excited to see continued results.
PayPal is committed to using its platform to democratize financial services and improve financial health. See how PayPal is expanding its products and services to offer their customers more flexibility in how they manage their financial lives.
We released our Global Impact Report - $PYPL’s first comprehensive summary of our Environmental, Social and Governance efforts. As we continue to advance on our #ESG journey, we’ll share updates on our progress along the way.
At PayPal, we harness the power of technology to help connect people to the causes they care about. Watch how we continually seek new ways to increase charitable giving and engage our PayPal users to make a difference in the community.
PayPal is committed to harnessing the power of our technology and scale to help charities raise mission-critical funds and provide new ways for people to connect and give to the causes they care about – anytime, anywhere, and in any amount. Watch the video above to see how we’re powering charitable giving around the world.
At PayPal, we’re committed to harnessing the power of our technology, partnerships and scale to make giving part of everyday life, and enable unprecedented levels of support for charitable organizations around the world. That’s especially true during the holidays, as our customers turn to our platform to connect with, and give to the causes they care most about.
If mobile money was the first phase in the development of digital finance in Africa, the next phase of digital financial services on the continent will focus on lending, insurance and wealth management.
In “Beyond Payments: The Next Generation of Fintech Startups in Sub-Saharan Africa,” the venture capital firm Village Capital, and their reporting partner, PayPal, tip their hat to M-Pesa and mobile money in Africa, but say that there’s a wave of innovation still to come.
On September 28, a 7.5 magnitude earthquake hit areas outside the city of Palu on Sulawesi island in Indonesia. The earthquake also triggered a tsunami with waves as high as 6 meters. We are all deeply saddened and concerned to see the destruction and loss of life caused by these tragic events. As of Wednesday morning, the death toll had climbed to over 1,400 people, with an additional 70,000 displaced from homes, and thousands more injured. Food, water, fuel, and medicine has been slow to reach the hardest-hit areas, with many roads broken and split open.
Hurricane Florence made landfall over North Carolina and South Carolina in the early morning hours of September 14th and the storm has continued to make a devastating impact in the area. The National Weather Service described Florence as the “Storm of a Lifetime,” and millions of people in the Carolinas and Virginia evacuated and the extent of the damage is still being measured.
We are all thinking about those who have been impacted by this powerful natural disaster and thank the brave men and women working tirelessly to provide aid to those in need.