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Pay Pal Hires Srini Venkatesan From Walmart As Chief Technology Officer

PUBLIC · PYPLJun 20, 2024almost 2 years ago

Position

Chief Technology Officer

Company

PayPal Holdings

Srini Venkatesan
San JoseOtherCommerce and ShoppingFinancial ServicesSoftwareCommerce And ShoppingPaymentsFintechMobile Paymentsinformation technology & services

Description

PayPal has appointed Srini Venkatesan, previously with Walmart, as its new Chief Technology Officer. Venkatesan will oversee technology, including AI and machine learning, information security, and product engineering. PayPal's current CTO, Archie Deskus, will depart in July.

Company Information

Company

PayPal Holdings

Location

2211 North 1st Street

San Jose, California, United States

About

PayPal Holdings, Inc. has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy.

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.