PayPal Ties Small Data Breach and Fraud to App Coding Error

Fintech Giant Says Personal Data Exposed for About 100 Business Users of Loan App Mathew J. Schwartz (euroinfosec) • February 23, 2026

Financial services firm PayPal said it discovered a data breach that lasted for six months, exposed some business customers' personal information and led to fraudulent charges.

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The company said about 100 customers were affected by the data exposure, which it tied to an "error" in its PayPal Working Capital loan application, which is designed to provide business financing of up to $200,000 for first-time borrowers and $300,000 for repeat borrowers.

San Jose, California-headquartered PayPal remains one of the world's dominant financial technology providers. The fintech processed $1 ...