The COVID-19 pandemic changed everything for many small business owners almost overnight. In a new film, presented by Innovate Finance, hear how entrepreneurs from New York to the United Kingdom have pivoted their businesses, accelerated their digital payments offerings, and kept afloat in this challenging year with some help from PayPal.
SAN JOSE, Calif., Nov. 17, 2020 /3BL Media/ -- PayPal today announced it is partnering with Even, the responsible on-demand pay platform, as part of its continued commitment to improve the financial health of its workforce. All PayPal employees in the U.S. can now use Even to get paid early, automatically budget and grow their savings, and have full visibility into their earnings through an easy-to-use mobile app.
At the corner of 27th Street and Central Avenue in Los Angeles sits 27th Street Bakery, a neighborhood staple for over sixty years. Its third-generation owner, Jeanette Bolden-Pickens, was concerned her family’s business might not survive the impact of COVID-19 this spring. Now, through community support and a grant, she is optimistic for the upcoming holiday season.
The Atlanta art scene wouldn’t be the same without Cam Kirk Studios. Named after owner and professional photographer Cameron “Cam Kirk” Kirkland, the studio opened three years ago as a space for creatives of all levels to sharpen their skills and conduct business.
Financial Health Network and Good Jobs Institute join the initiative to help equip companies with tools and resources to take action and ensure employees are not struggling financially
October 6, 2020 /3BL Media/ - As business leaders continue to identify how to respond to the economic impacts of COVID-19, PayPal and JUST Capital, in collaboration with Financial Health Network and Good Jobs Institute, announce a new initiative to make workers’ financial security and health a C-suite priority.
SAN JOSE, Calif. September 24, 2020 /3BL Media/ - PayPal Holdings, Inc. today named 20 nonprofit community partners that will receive grants and contributions totaling $5 million to support Black-owned businesses across the U.S. in their recovery from the impact of the COVID-19 pandemic.
In 2018, PayPal anonymously surveyed a large sample of its hourly and entry-level employees to assess their financial security. The results indicated that almost two-thirds of surveyed employees reported periodically running out of money between paydays. This was disappointing and surprising, but provides a valuable lesson to other leaders: Although PayPal's internal analysis showed that it paid at or above market value for each of its employees, the wages were not always sufficient for many families.
The consequences of global climate change are not a distant problem. They are real and plainly visible today. Raging wildfires are once again devastating forests across the Western United States, with smoke spreading east across the continent, causing unhealthy or hazardous air quality for millions. Just last month, monsoons wreaked havoc in India as a year’s worth of rain fell in just one month. History shows that it is the world’s poorest and most disadvantaged communities that bear the brunt of the financial blow that often accompanies climate events.