PayPal to Acquire E-Commerce Platform Cymbio to Expand Agentic Commerce Push

PayPal Holdings (NASDAQ:PYPL)said it has agreed to acquire Cymbio, a multi-channel commerce orchestration platform, as the payments giant steps up its push into AI-powered and agentic commerce.The deal will strengthen PayPal’s ability to help merchants sell products across so-called agentic surfaces, including AI platforms such as Microsoft Copilot and Perplexity, the company said.Financial terms of the transaction were not disclosed.Cymbio, founded in 2015 and headquartered in Tel Aviv, enables brands to m ...