Xoom, PayPal‘s (NASDAQ: PYPL) cross-border money transfer service, announced that U.S. users now have the option to fund money transfers to friends and family abroad using USD converted from PayPal ...

[Editor's note: Updated with quotes from Xoom's chief executive John Kunze.] Money transfer company Xoom received a $25 million round of funding today, according to a Form D filed with the SEC. The ...

PayPal is acquiring Xoom, an international money transfer service, in a deal that lets PayPal break into a new market worth an estimated $600 billion a year, the companies said Wednesday. PayPal is ...

Across Ghana, countless families rely on loved ones abroad for financial support. These remittances are more than transactions; they are expressions of love, care, and commitment.

Usain Bolt is known by many as the fastest man in the world. His global fame and quickness have been snagged by Xoom, PayPal’s international money transfer service, which has named the eight-time ...

SAN FRANCISCO (Reuters) - PayPal Inc said it would buy digital money transfer provider Xoom Corp for $890 million as it muscles into a growing international remittance market and expand in countries ...

Xoom users will pay no transaction fees when using PayPal USD to fund eligible transfers to friends and family abroad Transactions that are not completed in USD are subject to a transaction exchange ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Rolling out to customers in the U.S. starting today, the new funding ...