PayPal to Acquire Cymbio in Latest Agentic Commerce Move

PayPal Holdings Inc. agreed to acquire Cymbio, a platform designed to help merchants sell products across AI chatbots. Terms weren’t disclosed.

The acquisition is the latest step by the payments platform to become a one-stop shop for merchants planning to sell through chatbots that consumers are increasingly turning toward to discover products. In October, PayPal launched a suite of agentic commerce services intended to help merchants adapt to evolving consumer shopping behaviors as the industry expects AI-enabled shopping to become more popular. The acquisition of Tel Aviv-based Cymbio is expected to close in the first half of this year, PayPal said in a statement.