The $100M Question: Is PayPal Nurturing African Fintech—or Gradually Becoming Its Master?
TL;DR, PayPal investment of $100M targets African fintech infrastructure through minority stakes and acquisitions. New $100M fund supports startups with capital, market access, and PayPal’s APIs, yet raises questions of corporate dominance. PayPal’s dual strategy combines genuine financial support for local innovation with strategic positioning to potentially dominate Africa’s digital payment backbone. PayPal’s fresh $100…