Hyperwallet’s global payout platform provides fast and transparent way to distribute funds to payees
PayPal Holdings, Inc has completed its acquisition of Hyperwallet for approximately $400 million USD. This transaction will strengthen PayPal’s payout capabilities and enhance its ability to provide an integrated suite of payment solutions to e-commerce platforms and marketplaces around the world.
With the close of the deal, Brent Warrington, CEO of Hyperwallet, now joins PayPal and will continue to lead Hyperwallet, reporting to Juan Benitez, VP and general manager of Braintree.
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