The online payment platform will partner Village Capital on local fintech venture development schemes in the US, India and Latin America.

US-based online payment company PayPal and venture development organisation Village Capital launched a partnership yesterday that will support entrepreneurs developing financial technology.

In particular, the firms will look to help startups aiming to widen access to financial services for low-wealth individuals, families and small businesses, and intend to provide support through three venture development schemes together with local partners in Latin America, the US and India.

The partnership expects to help some 40 fintech startups over the next two years,…

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