James Loftus, formerly Square's global head of corporate development, has joined PayPal Ventures as managing partner.

Payment processor PayPal’s corporate venture capital unit, PayPal Ventures, has confirmed it has brought James Loftus onboard as managing partner, a role he started last month.

He joins PayPal Ventures after just over 18 months as global ecosystem head for growth, M&A and investments at mobile payment service provider Cash App, following a four-year stint as global head of corporate development at digital payment technology provider Square.

Previous roles for Loftus include senior vice-president of business development and operations at…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.