PayPal to buy rewards platform Honey Science for $4 billion

20 Nov by Vitaliy Dadalyan

PayPal to buy rewards platform Honey Science for $4 billion

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PayPal to buy rewards platform Honey Science for $4 billionThe deal for the seven-year-old platform that finds and applies coupon codes on popular sites and helps consumers save money will add to PayPal’s ability to help merchants deliver offers, PayPal said. PayPal and its mobile payment service Venmo have more than 275 million active consumer accounts. The deal is expected to close in 2020 and would add to PayPal’s adjusted profit in 2021.