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PayPal’s venture arm has appointed Ian Cox Moya as managing partner, succeeding James Loftus, who left to join Velocity Global. Moya, who has been with PayPal for three years and has significant fintech experience in the U.S. and Latin America, will continue to drive the company's investment strategy, which has included substantial investments in fintech, AI, and cryptocurrency startups.
Coatue Management's former head of fintech is seeking to raise $400 million for a new venture called Marathon, which aims to invest in financial technology companies. The initiative reflects a growing interest in fintech investments as the sector continues to evolve.
Klarna has successfully delivered a remarkable $2.7 billion gain to its venture capital investor, Sequoia Capital, showcasing the financial resilience of buy-now-pay-later services despite economic challenges. This gain highlights the ongoing growth potential within the fintech sector, particularly for companies adapting to changing consumer behaviors.
Global fintech investment has dropped to its lowest level since 2017, prompting a discussion among founders about the merits of bootstrapping versus venture capital. At Money20/20 Europe 2025, Dima Kats of Clear Junction and Babs Ogundeyi of Kuda will share their differing experiences and perspectives on navigating the current funding landscape.