Google Ropes in Former PayPal Executive for Payments Division: Report

Google Ropes in Former PayPal Executive for Payments Division: Report
The US multinational technology and Internet-related services company Google's logo on a smartphone screen in Moscow shows on Nov. 8, 2021. Kirill Kudryavtsev/AFP via Getty Images
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Alphabet Inc’s Google hired former PayPal Holdings Inc executive Arnold Goldberg to run its payments division, Bloomberg reports.

The hiring is a part of Google’s broader strategy to team up with a broader range of financial services, including cryptocurrencies, the report quoted Bill Ready, Google’s President of commerce.