https://techcrunch.com/2022/05/16/three-paypal-ventures-alums-strike-out-with-their-own-158m-fund/

A trio of PayPal Ventures alumni has raised $158 million for Infinity Ventures, a new early-stage venture firm dedicated to investing in fintech startups globally.

Jeremy Jonker, Jay Ganatra and Mario Ruiz left PayPal Ventures in May of 2021 and had their first close last June, and final close by October of 2021. They left PayPal because they wanted to expand beyond just investing in payments-focused startups and “zero in and focus solely on infrastructure and commerce enablement.”