PayPal to separate Venmo business, CNBC reports

Published: 2026-04-29 14:35:51 ET PYPL

Published on 04/29/2026 at 02:35 pm EDT

April 29 (Reuters) - PayPal's new CEO is making Venmo a separate business as part of a broader reorganization, according to a report by CNBC on Wednesday.

(Reporting by Pritam Biswas in Bengaluru; Editing by Tasim Zahid)