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    PayPal pays $30 million to settle DOJ probe over 'DEI' investment program

    Picture of PayPal Holdings logoPayPal Holdings
    12/05/2026 15:50
    Corrects headline and first paragraph to clarify that PayPal has reached a $30 million settlement

WASHINGTON, May 12 (Reuters) - The U.S. Department of Justice said on Tuesday it had reached a $30 million settlement with PayPal PYPL.O in a probe over an investment program created for black and minority-owned businesses that was "unlawful" and "discriminatory."

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

 ((sheavey@thomsonreuters.com; +1-202-898-8300;))

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