Payments firm PayPal Holdings Inc has agreed to acquire online lending company Swift Financial in a bid to expand its business that provides working capital to merchants.
The acquisition will allow PayPal to offer loans to the larger businesses that process payments through its platform and better provide credit to firms that are not yet users of its services.
Submitted August 10, 2017 at 09:50AM by gambit270 http://ift.tt/2vIiCwp
