PayPal has agreed to acquire Cymbio, a Tel Aviv–based platform that enables merchants to sell products through AI-powered chatbots, as the payments giant accelerates its expansion into agentic commerce. Financial terms of the deal were not disclosed.
The transaction is expected to close in the first half of 2026, subject to customary regulatory approvals.
Cymbio helps brands make their product catalogs discoverable and purchasable directly within conversational AI environments. The platform allows merchants to integrate listings into chat-based interfaces where users can browse, compare, and complete purchases without leaving the conversation.
PayPal said the acquisition supports its broader strategy to offer one-stop agentic commerce tools, enabling AI agents to handle the entire buying flow — from discovery and checkout to shipping, tracking, and invoicing.
PayPal’s commerce tools already support brands such as Abercrombie & Fitch and Fabletics on AI platforms including Perplexity and Microsoft Copilot, with plans to expand support to ChatGPT, Google Gemini, and AI-powered search experiences.
Last year, PayPal partnered with Perplexity to allow U.S. users to complete purchases instantly using PayPal or Venmo within the Perplexity Pro chat platform, with rollout beginning this summer. The integration enables users to buy products, book travel, or purchase tickets directly inside chat interfaces.
Under the agentic commerce model, PayPal manages payments using tokenized wallets, passkey-based checkout, and built-in fraud protection. The company said its infrastructure and network of more than 430 million active accounts provide a secure foundation for conversational commerce at scale.
The Cymbio acquisition underscores PayPal’s effort to position itself at the center of AI-driven retail, as large technology and payments firms race to redefine how consumers shop in generative AI environments.
