PayPal was sued on January 3, 2025, by an Asian American businesswoman who accused the digital payments company of racial bias. The lawsuit alleges that PayPal restricted part of a $535 million investment program to Black and Hispanic applicants.
The businesswoman claims that this restriction cost her millions of dollars by preventing her from participating in the funding initiative. This legal action raises concerns about the company's diversity and inclusion programs.
The lawsuit could have implications for PayPal's public image and potentially lead to legal and financial repercussions. The company will need to address these allegations as the case proceeds.
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