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PayPal Partners with CodeHouse, INROADS and National Association of Black Accountants to Mentor and Recruit Black and Diverse TalentSAN JOSE, Calif., Feb. 25, 2021 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it has entered into multi-year partnerships with CodeHouse, INROADS and the National Association of Black Accountants to develop and hire Black and diverse talent. The partnerships are part of a $535 million commitment first announced in June that includes strengthening PayPal's internal Diversity, Inclusion, Equity and Belonging programs and supporting the recruitment, hiring and career advancement of Black and underrepresented employees. "PayPal's mission to democratize financial services is inherently inclusive, and not only promotes, but demands diversity and equity," said Tracy Brown, global head of talent, PayPal. "Each of these organizations is dedicated to creating career pathways for people of color, and working together, we can build a pipeline that sustainably increases recruitment and retention of underrepresented talent at PayPal." Since becoming an independent company in 2015, PayPal has worked with academic institutions, recruiting organizations and advocacy groups to attract, develop and retain diverse talent. These partnerships will expand PayPal's pipeline of talent and provide development, mentoring and skill building opportunities:
"As the tech industry moves to diversify its talent pipeline, there's no better time than now to inspire young people of color to pursue careers in STEM," said Ernest Holmes, president and co-founder, CodeHouse. "Through our partnership with PayPal, we'll be able to enhance our scholars' existing talent and set them up to succeed in their careers." "INROADS is pleased to partner with PayPal in an effort to close the disparity and opportunity gaps for talented, underrepresented students," said Forest T. Harper Jr., president and CEO, INROADS. "When we work together, we can advance racial equity, creating a new tomorrow where our Black and diverse students have access to opportunities that create boundless career pathways for them to become future leaders and entrepreneurs." "Every day, NABA strives to provide our members with the skills, opportunities, and confidence to thrive and advance their careers," said Guylaine Saint Juste, president and CEO, NABA. "This partnership serves as a testament to PayPal's belief in NABA's ability to develop a pipeline of talented Black business professionals who can contribute to PayPal's strategic success." Since June, PayPal has continued to fulfill its $535 million commitment that was designed to provide immediate assistance to Black-owned businesses, while setting the foundation for sustained engagement and progress towards economic equality and social justice. Most recently, PayPal bolstered its support of Black small business owners by providing an additional $5 million in grant funding, as part of its Empowerment Grant Program launched in June. In fall 2020, PayPal invested $50 million in the Local Initiatives Support Corporation (LISC) Black Economic Development Fund, $50 million in Optus Bank, a Black-owned bank based in South Carolina and $50 million in eight early-stage, Black and Latinx-led venture capital funds. About PayPal?? Media Contact:
View original content to download multimedia:http://www.prnewswire.com/news-releases/paypal-partners-with-codehouse-inroads-and-national-association-of-black-accountants-to-mentor-and-recruit-black-and-diverse-talent-301235285.html SOURCE PayPal Holdings, Inc. |