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Former PayPal Retail Boss Don Kingsborough Joins Board of Raise, the Hot Gift Card Startup

Don Kingsborough, the retail industry veteran who recently left his role leading PayPal’s efforts to break into physical retail payments, is joining the board of online gift card exchange Raise. Kingsborough brings a ton of industry experience with him, having founded the pre-paid card company Blackhawk Network before his stint at PayPal. Raise recently took on a $56 million investment that values the Chicago-based company at nearly $1 billion.

This article originally appeared on Recode.net.