PayPal, FlexiLoans.com partner to offer MSMEs, freelancers collateral-free loans
PTI
Bengaluru |
Updated on
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Borrowers to access term loans from ₹50,000 up to ₹1 crore through a fast, hassle-free process; merchants across over 1,500 cities and towns in India to benefit
MSME-focused digital lending platform FlexiLoans.com on Tuesday announced its partnership with PayPal, a leader in digital payments, to provide freelancers, women entrepreneurs, sole proprietors, and MSMEs collateral-free business loans.
Through this partnership, PayPal further reiterates its commitment to democratise access to financial services by bringing its global best practices and credit solution capabilities to Indian merchants who sell cross-border using PayPal, a joint statement said.
PayPal to hire 1,000 engineers for its India Development Centres
March 03, 2021
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Global digital payments company PayPal on Wednesday said it will hire 1,000 engineers for its India Development Centres across Bengaluru, Chennai and Hyderabad over the course of the year.
It will hire technology talent across software, product development, data science, risk analytics and business analytics in entry, mid-level and senior roles.
PayPal India also announced plans for campus hires from top engineering colleges across India.
With digital payments getting accelerated by the pandemic, PayPal, moving forward with its digital first approach, will focus on technology innovation across Artificial Intelligence/ Machine Learning, Data Science, Risk and Security, Customer Experience and other key areas.
PayPal plans to hire over 1K engineers in India
By IANS |
Published on
Wed, Mar 3 2021 13:48 IST |
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PayPal.. Image Source: IANS News
Bengaluru, March 3 : Global digital payments platform PayPal on Wednesday said that it will hire 1,000 engineers for its India Development Centres across Bengaluru, Chennai and Hyderabad over the course of the year.
The move comes despite PayPal announcing last month that it had decided to wind down its domestic payment services in India from April 1.
From April 1, the company will focus all its attention on enabling more international sales for Indian businesses.
Revealing the hiring plans for the year in India, the digital payments major said that talent will be hired across software, product development, data science, risk analytics and business analytics streams at entry, mid-level and senior roles.
PayPal, which had shut down domestic operations in India, now plans to hire 1,000 engineers
PayPal, which had shut down domestic operations in India, now plans to hire 1,000 engineers
Sanchita DashMar 3, 2021, 13:05 IST
Wikimedia Commons
Now, it is looking to add 1,000 more to its current 4,500 employees in India.
PayPal had earlier said that it would no longer offer domestic services within India, and would focus only on Indian businesses that are going global.
The company had said that in 2020 it processed $1.4 billion worth of international sales for over 360,000 merchants in India.Global payments giant PayPal is ramping up its team in India. The company plans to hire 1,000 engineers in 2021, across its India Development Centers across Bangalore, Chennai, and Hyderabad.