PayPal to acquire Chargehound.

PayPal, a technology platform company, agreed to acquire Chargehound, a provider of financial automation technology. Financial terms were not disclosed. "PayPal has been a close partner of ours since the beginning and we share many of the same core values about supporting merchants and expanding access to the global economy. Most of all, we are excited about what we will be able to accomplish together, and the ways PayPal will help us realize our vision of helping even more merchants respond to 100% of their chargebacks,"Adrian Sanders, Chargehound Co-founder and CEO.