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Fortune
Fortune
Business
Ben Weiss

PayPal winds down venture arm as fintech giant restructures under new CEO

(Credit: Annabelle Chih—Bloomberg/Getty Images)

PayPal is shuttering its 10-year-old venture team amid a broader corporate shakeup, according to five sources familiar with the matter. The fund’s headcount has shrunk from more than 10 in late 2025 to now only two, according to an archived version of the website for PayPal Ventures. Meanwhile, the page that listed the venture unit’s employees is no longer visible.

PayPal is also exploring the sale of some of its positions on the secondary market and has hired the investment bank Jefferies to help with potential transactions, said one source familiar with the matter, who declined to be named while talking about private business dealings.

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