PayPal Ventures
PayPal Ventures is the global corporate venture arm of PayPal. It invests for financial return in companies at the forefront of innovation in fintech, commerce enablement, digital infrastructure, and crypto/blockchain technologies.
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Atum Closes $13.5 Million Seed Round Led by Variant
Atum has announced the end of its stealth phase and completed a $13.5 million funding round backed by investors including Variant, PayPal Ventures, and Abstract Ventures. Atum connects payment companies, developers, and enterprises through a unified coordination layer, responsible for payment authorization, routing, and confirmation, but does not issue currency, operate a blockchain, or hold customer funds. Its network supports cross-chain and stablecoin settlements and is compatible with agent payment protocols such as x402 and MPP.
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PayPal to Shut Down Its Venture Capital Division and Seek Sale of Some Holdings
According to Fortune, PayPal is shutting down its venture capital arm, PayPal Ventures, which was established about 10 years ago. This move is part of the company’s broader restructuring efforts under its new CEO. Sources say the team has shrunk from over 10 members at the end of 2025 to just two people today. PayPal is also exploring selling some of its investments via the secondary market and has engaged Jefferies to assist with potential transactions.
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