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PayPal Pays $30 Million to Settle DOJ Probe Over 'DEI' Investment Program
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By Reuters
Published 3 weeks ago on
May 12, 2026
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The PayPal logo is seen on a smartphone in front of the same logo displayed in this illustration taken September 8, 2021. REUTERS/Dado Ruvic/Illustration

The PayPal logo is seen on a smartphone in front of the same logo displayed in this illustration taken September 8, 2021. REUTERS/Dado Ruvic/Illustration

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PayPal agreed to pay $30 million to settle a U.S. probe over an investment program created for black and minority-owned businesses that was “unlawful” and “discriminatory,” the U.S. Department of Justice said in a statement on Tuesday.

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(Reporting by Katharine Jackson; writing by Susan Heavey; Editing by David Ljunggren)

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