PayPal Holdings Inc. said Tuesday it agreed to acquire financial-technology company Hyperwallet Systems Inc. for about $400 million, a deal that augments its offerings to businesses for managing and processing their online and mobile payments.
Founded in 2000, Hyperwallet helps individuals and small firms receive payments for goods and services that they sell on online marketplaces, including Amazon.com Inc.’s Australian business and Expedia Group Inc.’s vacation-home rental site HomeAway.
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