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July 1, 2015 07:54 pm -04

PayPal to buy money-transfer startup Xoom for $890 million

Wiring money home (especially as cash) can be an awkward, expensive and time-consuming ordeal -- but it's about to get a whole lot easier. PayPal announced on Wednesday that it is acquiring San Francisco-based digital money transfer startup Xoom (no,...

Original Link: http://www.engadget.com/2015/07/01/paypal-to-buy-money-transfer-startup-xoom-for-890-million/?ncid=rss_truncated

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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