TechnologyiGaming Afrika · 4h ago
PayPal Shuts VC Division, Leaving $100M Africa Promise Unfulfilled.
By William Musyoka•June 24, 2026
The brief
Less than a year after PayPal’s splashy $100Mil commitment to African digital commerce, the company’s venture capital arm has been shut down. PayPal Ventures, founded in 2016 and one of fintech’s longest-running corporate VC outfits, has paused all new investment activity and is winding down operations. The team shran…
Original report
iGaming Afrika
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