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What is PayPal? A complete guide News 

What is PayPal? A complete guide

PayPal dominates the digital payment scene. It has upwards of 360 million active users in more than 200 countries and facilitated four billion payment transactions in Q3 of 2020 alone. Since 1998, PayPal has been giving consumers alternative ways to make purchases and send and receive money online. PayPal lets you pay for things online with a bank account instead of a credit card and keeps your payment information hidden from merchants. It also makes sending money easy and, in most cases, free. PayPal has essentially made checks and costly…

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Rivian raises $2.65B as it pushes toward production of its electric pickup Reel Trend 

Rivian raises $2.65B as it pushes toward production of its electric pickup

Rivian has raised $2.65 billion as it prepares to begin production this summer of its all-electric pickup truck. The round, which was led by funds and accounts advised by T. Rowe Price Associates Inc., also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue and D1 Capital Partners as well as several other existing and new investors. Rivian is now valued at $27.6 billion, according to a person familiar with the investment round. The capital comes at a critical time for Rivian, which is undertaking the design, development,…

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