Latest news with #Moya
Yahoo
2 days ago
- Business
- Yahoo
PayPal's venture arm taps new leader
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. PayPal's venture arm has appointed Ian Cox Moya, 42, as managing partner, the fintech giant said in an emailed statement Wednesday to Payments Dive. Moya's predecessor, James Loftus, exited PayPal to 'pursue another opportunity,' a PayPal spokesperson said in the statement. According to Loftus' LinkedIn page, he joined talent management tech company Velocity Global as chief financial officer this month, after being managing partner of PayPal's venture capital unit from 2022 until 2025. 'Ian has been an integral part of our team since he rejoined PayPal three years ago,' the spokesperson said. 'His deep fintech expertise in the U.S. and Latin America has been pivotal in shaping our global investment strategy, and he has supported many visionary founders across the fintech and e-commerce ecosystems.' Moya was part of PayPal's strategy development in Latin America from 2012 to 2015, and he rejoined the company in 2022 as a partner for the San Jose, California-based company's venture capital arm, according to his LinkedIn account. He formerly led card company Synchrony's venture arm from 2018 to 2021. To date, PayPal's venture arm has poured about $850 million into dozens of companies spanning the fintech, artificial intelligence and cryptocurrency industries, according to the company's website. Among those that have received venture capital are Acorns, FreshBooks, Ellevest, Plaid and Raise, per the company's website. Following Ian's return in 2022, PayPal's venture arm made considerable investments in Latin American fintech startups. In 2023, the company was one of multiple firms that invested $14 million into nocnoc, an e-commerce platform that connects global merchants with Latin America. The following year, PayPal's venture unit and other investors invested $15 million into Ume, a Brazilian payments company that serves small and mid-sized businesses. PayPal has extended its investment dollars beyond its payments purview in recent years. In 2023, the company was one of several investors that placed $30 million in Israeli data privacy management startup Mine. Last year, the venture arm and other investors invested $30 million in Rasa, a generative AI company. Recommended Reading Affirm targets offline growth
The Citizen
5 days ago
- Politics
- The Citizen
Tshwane mayor vows to clean up the capital city
Nasiphi Moya says the city will return to complete its mission after launching clean-up operations at key sites in Tshwane. The special operation at Cemetery View and Plastic View informal settlements last week was just the beginning of cleaning up the capital and the city will return to finish what it started, according to mayor Nasiphi Moya. 'We arrested over 90 illegal immigrants who are now being processed by home affairs. Deportations are expected following court approval. This is the beginning of a process to clean up these areas,' she said. Moya said about 800 South Africans who resided in Plastic View would be relocated. 'Residents of Pretoria East have for years decried the lack of action. We are glad that the city was able to bring in support from SAPS and Home Affairs,' she said. ALSO READ: Tshwane makes strides in corruption fight as city tackles R13bn irregular expenditure backlog Last week, Moya and her deputy mayor, Eugene Modise, made a follow-up oversight visit to the Pretoria Show Grounds and confirmed a cleaning initiative was under way after eight years of neglect. 'The prized property stands at 39 hectares in the heart of the CBD. The level of vandalism we witnessed was disheartening,' she said. Moya and her team also visited the city hall and other hijacked properties in the city. 'We will come back to finish what they have started,' she said. DA Tshwane caucus leader Cilliers Brink said: 'We thank Minister Schreiber for his drive to enforce South Africa's immigration laws and call on Tshwane to finish the work.' NOW READ: Tshwane's R54.6bn budget draws mixed reactions
The Citizen
6 days ago
- Business
- The Citizen
Tshwane targets economic turnaround with new growth committee
The Tshwane metro has launched a dedicated Economic Growth Committee tasked with spearheading the implementation of the Tshwane Economic Revitilisation Strategy. This strategic body, chaired by Mayor Dr Nasiphi Moya, will address systemic economic challenges and unlock inclusive, sustainable growth. At the core of the committee's mandate is an ambitious target, to stimulate an annual local economic growth rate of at least 3.9% by the year 2029. Moya said this goal reflects a calculated and determined response to stagnating economic indicators and aims to place the metro on a competitive footing within the national and global economy. The committee is not merely a bureaucratic exercise; it is designed as a high-impact, action-oriented platform that brings together a wide range of stakeholders, including metro departments, private sector investors, development agencies, and informal economy players. Through this collaborative model, the model hopes to dismantle regulatory barriers, fast-track investment processes, and open up new avenues for economic participation across the spectrum. LISTEN: The team will oversee and accelerate progress in key economic sectors such as manufacturing, green economy, digital innovation, township entrepreneurship, tourism, and infrastructure development. 'We recognise that economic recovery cannot be achieved through fragmented efforts. This committee ensures a whole-of-government and whole-of-society approach to growth,' said Moya. To maintain transparency and accountability, a comprehensive quarterly performance dashboard will be developed and published. Moya said this tool will track progress against clearly defined, measurable targets and enable real-time feedback on areas requiring intervention. She said it also offers the public a window into the metro's performance, reinforcing trust and civic participation in economic development. The committee also aims to elevate the informal economy and township enterprise as engines of growth, ensuring that revitalisation efforts are not limited to established players but reach the grassroots level where resilience and innovation abound. With sound policy, expert guidance, and decisive leadership, the Economic Growth Committee has the potential to chart a new path for the capital city, one of inclusive opportunity, shared prosperity, and sustained development. ALSO READ: Possible water disruptions for parts of Tshwane Do you have more information about the story? Please send us an email to bennittb@ or phone us on 083 625 4114. For free breaking and community news, visit Rekord's websites: Rekord East For more news and interesting articles, like Rekord on Facebook, follow us on Twitter or Instagram or TikTok. At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
France 24
24-05-2025
- Sport
- France 24
Tennis's 'Big Three' reign unlikely to be repeated: Moya
World number one Sinner, 23, and the 22-year-old Alcaraz have garnered seven Grand Slam titles already between them. By comparison Nadal, Federer -- both of whom have retired -- and Djokovic, a trio known as the 'Big Three', swept up 66 from 2003 to 2023. Alcaraz and Sinner are gearing up for the French Open with the former the defending champion. "To achieve what these guys have been doing these last 15, 20 years, that's something that I don't know if we are going to see in the future," Moya, a former world number one and 1998 French Open champion, told AFP from Mallorca. "I can tell that in the next couple of years, this rivalry is going to be there. "Then maybe five years, seven, but so many things can happen. "Injuries and family problems. Mental health issues, you don't know what's going to happen in three, four, five years' time." Moya, who will return to Roland Garros on Sunday as organisers pay tribute to record 14-time French Open singles champion Nadal, said rivalry was key to the longevity of the sport's three most successful men's players of all time. "They pushed each other to the limit," said the 48-year-old Spaniard. "Without the other guys, Rafa, maybe he would have retired four or five years ago with 16, 18 Grand Slams." Moya achieved a lot in his career but he said he was in awe of that trio. "My ambition was never to be one of the best players ever because I didn't have the level to dream about that," he said. "I mean, my dream was to win a Slam, to become number one, but was never to win multiple Grand Slams or being number one for a few years. "With these guys, it's a different game. "I mean, their ambition is unbelievable and how mentally stressful is that what they're doing? It's something that people are not aware of." 'Fake news' Moya and Nadal's relationship goes back decades but the older Spaniard said his role when he joined the team in 2016 was to strike a balance between being a coach and a friend. "I knew him so well," said Moya. "I knew him since he was 11 years old. I could know what was going through his mind, how he was feeling." Moya said there were the highs of "eight Grand Slams" but also the "difficult moments" of "hard losses in Grand Slam finals" and injuries. "When he's going through that, I mean, you have to be supporting him. "You have to be his friend. You have to be the person he can talk to." Nadal hanging up his racquet last November put Moya back on the market but he says he is not ready to return to the grind of the tour. "To be on the tour, in my opinion, you have to be 100% ready for that mentally," he said. "I didn't feel I had the energy and also after being with Rafa, it's hard to be back on the tour again with another player." As for a story linking him with Sinner, Moya said it was "fake news". "As soon as there is something new in my life, I will announce that myself. "I will not wait for a random Russian website to decide what I'm going to do," he added. Moya has retained his ties with tennis as he is a team captain for the Legends Team Cup, pitting his wits against Australia's Mark Philippoussis and American James Blake. Each has a five-man roster -- Moya's includes 2020 US Open champion Dominic Thiem -- which will face each other twice with prize money of $1 million at each event. The top two teams progress to the final with a $5 million prize and the Bjorn Borg Trophy at stake. For Moya, it is ideal as he says it is like going from being a football club coach to being in charge of a national team, removing the daily pressure. It means he can devote his time to his wife and three children. "My kids are 14, 12 and 11," he said. "I'm enjoying the time I'm spending with them, before you know it they're going to be 18 and they probably fly away from home." © 2025 AFP
New Straits Times
24-05-2025
- Sport
- New Straits Times
Tennis's 'Big Three' reign unlikely to be repeated: Moya
PARIS: Rafael Nadal, Roger Federer and Novak Djokovic dominated tennis for the best part of two decades but it is debatable whether Carlos Alcaraz and Jannik Sinner can emulate that, Nadal's former coach Carlos Moya told AFP. World number one Sinner, 23, and the 22-year-old Alcaraz have garnered seven Grand Slam titles already between them. By comparison Nadal, Federer – both of whom have retired – and Djokovic, a trio known as the 'Big Three', swept up 66 from 2003 to 2023. Alcaraz and Sinner are gearing up for the French Open with the former the defending champion. "To achieve what these guys have been doing these last 15, 20 years, that's something that I don't know if we are going to see in the future," Moya, a former world number one and 1998 French Open champion, told AFP from Mallorca. "I can tell that in the next couple of years, this rivalry is going to be there. "Then maybe five years, seven, but so many things can happen. "Injuries and family problems. Mental health issues, you don't know what's going to happen in three, four, five years' time." Moya, who will return to Roland Garros on Sunday as organisers pay tribute to record 14-time French Open singles champion Nadal, said rivalry was key to the longevity of the sport's three most successful men's players of all time. "They pushed each other to the limit," said the 48-year-old Spaniard. "Without the other guys, Rafa, maybe he would have retired four or five years ago with 16, 18 Grand Slams." Moya achieved a lot in his career but he said he was in awe of that trio. "My ambition was never to be one of the best players ever because I didn't have the level to dream about that," he said. "I mean, my dream was to win a Slam, to become number one, but was never to win multiple Grand Slams or being number one for a few years. "With these guys, it's a different game. "I mean, their ambition is unbelievable and how mentally stressful is that what they're doing? It's something that people are not aware of." Moya and Nadal's relationship goes back decades but the older Spaniard said his role when he joined the team in 2016 was to strike a balance between being a coach and a friend. "I knew him so well," said Moya. "I knew him since he was 11 years old. I could know what was going through his mind, how he was feeling." Moya said there were the highs of "eight Grand Slams" but also the "difficult moments" of "hard losses in Grand Slam finals" and injuries. "When he's going through that, I mean, you have to be supporting him. "You have to be his friend. You have to be the person he can talk to." Nadal hanging up his racquet last November put Moya back on the market but he says he is not ready to return to the grind of the tour. "To be on the tour, in my opinion, you have to be 100% ready for that mentally," he said. "I didn't feel I had the energy and also after being with Rafa, it's hard to be back on the tour again with another player." As for a story linking him with Sinner, Moya said it was "fake news." "As soon as there is something new in my life, I will announce that myself. "I will not wait for a random Russian website to decide what I'm going to do," he added. Moya has retained his ties with tennis as he is a team captain for the Legends Team Cup, pitting his wits against Australia's Mark Philippoussis and American James Blake. Each has a five-man roster – Moya's includes 2020 US Open champion Dominic Thiem – which will face each other twice with prize money of $1 million at each event. The top two teams progress to the final with a $5 million prize and the Bjorn Borg Trophy at stake. For Moya, it is ideal as he says it is like going from being a football club coach to being in charge of a national team, removing the daily pressure. It means he can devote his time to his wife and three children. "My kids are 14, 12 and 11," he said.
