PayPal to Commit $530 Million to Support Black-Owned Businesses
As appeared first on the Chicago Defender By Racquel Coral In the month following the brutal murder of Minneapolis resident George Floyd, several major companies have shown their support for the Black community through statements, the inclusion of more Black people in executive roles, as well as donations and investments. One of the largest came from the tech giant, PayPal’s venture capital arm, PayPal Ventures. As part of their $530 commitment to Black-owned businesses and communities, PayPal Ventures has pledged $500 million in direct investments. The funds will be used