The latest investment is a part of the company’s $535 million commitment. : PayPal Holdings, the US-based online payments firm, announced that the company is planning to invest an additional $50 million in 11 Black and Latinx-Led venture capital funds. In October 2020, the company announced a $50 million investment in 8 Black and Latinx-Led venture capital funds. According to an official announcement, the recently supported venture capital funds include Aperture Venture Capital, Collab Capital, Interlace Ventures, Kapor Capital and MaC Venture Capital.