Leena Rao on Muck Rack

Leena Rao Verified

San Francisco
Senior Writer — Fortune
As seen in:  Fortune, TechCrunch, Refinery29

Tech Writer, dog-lover, foodie, quirky, wife, mom, married to @suneel.

PayPal CEO Dan Schulman: We want to be the operating system for money

fortune.com — As PayPal prepares to become an independent company in the next few months-it'll trade under the old stock ticker PYPL-future company CEO Dan Schulman gave the media a glimpse at what the future will look like for the payment giant at a San Francisco event on Thursday.

MasterCard now allows any business to enable P2P payments

fortune.com — Payments giant MasterCard is the latest company to get into the person-to-person payments business, joining Facebook, PayPal, and rival Visa. The company launched MasterCard Send, a service that allows people to link their debit card accounts online or on a phone and transfer money to anyone in the U.S.

Payments company WePay raises $40 million to go global

fortune.com — WePay, a company that processes payments for online websites, has raised $40 million in new funding to expand globally. New investor FTV Capital led the round, with Japanese e-commerce giant Rakuten and existing investors Highland Capital Partners, August Capital, Continental Investors and Ignition Partners also participating.

Pinterest intros new ad formats, adds more categories for targeting

fortune.com — After reaching a massive $10 billion valuation in its last funding round, Pinterest is doubling down on creating a solid revenue stream from advertising, following in the footsteps of social predecessors Facebook and Twitter.

Social+Capital's founder, on his new venture fund and Kleiner Perkins

fortune.com — Here's an irony of Silicon Valley startup culture: While many new tech companies are conceived and run by fresh-faced, 20-something entrepreneurs, they're often funded by venture-capital titans like Accel, Kleiner Perkins, Greylock and Sequoia-partnerships that date back to the 1970s and '80s, led by executives old enough to remember using typewriters.

Square raises more money to make small business loans

fortune.com — Square, the Silicon Valley payments company, is expanding its lending efforts to small businesses. The company announced on Tuesday that Square Capital, its loan-making division, has raised an additional investment from previous backer, Chicago-based Victory Park Capital (which tripled its original investments) and new investor Colchis Capital.

Exclusive: PlanGrid raises $18 million from Sequoia to digitize construction blueprints

fortune.com — A few years ago, two recent college graduates noticed big inefficiencies in the use of paper blueprints in designing and planning new buildings. For one job, a bound set of paper blueprints could cost an astonishing $23,000. It was as if the digital age had never reached the construction site.

Square Raises More Money to Make Small-Business Loans

fortune.com — Square, the Silicon Valley payments company, is expanding its loan program to small businesses. The company announced on Tuesday that Square Capital, its loan-making division, has raised an additional investment from previous backer, Chicago-based Victory Park Capital (which tripled its original investments) and new investor Colchic Capital.

Alibaba bets on youth for leadership

fortune.com — As Chinese e-commerce giant Alibaba continues to shift its focus to mobile, its leadership team is getting younger and younger. Along with releasing better than expected earnings this morning, Alibaba announced that the company's chief operating officer Daniel Zhang will become CEO, effective later this week.

PayPal co-founder raises $275 million to reinvent credit

fortune.com — Banks and financial institutions have not created products that serve younger generations in the most efficient way, according to Max Levchin, the co-founder of eBay-owned payments giant PayPal. It's s major opportunity for startups that seek to rethink financial technology-one Levchin hopes to leverage with his own, Affirm.
More Articles →
May 21, 2015

PayPal's future CEO wants it to be the operating system for commerce fortune.com/2015/05/21/pay…

May 20, 2015

great piece by @mlevram--> How Comcast lost friends, its influence, and the bid for Time Warner Cable fortune.com/2015/05/20/how…

May 18, 2015

Why Tesla's grid batteries will use two different chemistries fortune.com/2015/05/18/tes…

Email Leena by joining Muck Rack Pro



Are You a Journalist?

Make a Portfolio

Create a free Muck Rack account to customize your profile and upload a portfolio of your best work.


Share This Profile