PayPal has been sued by an Asian American businesswoman who accused the digital payments company of racial bias for restricting part of a $535 million investment program to Black and Hispanic applicants,

Andav Capital's founder claims PayPal's program was discriminatory as it sought to exclusively focus on Black and Hispanic-led enterprises.

An Asian American fund manager accused the payments company of discrimination by ignoring her application under a $100 million initiative.

Financial technology company PayPal ($PYPL) is being accused of racial bias against Asian Americans in a new lawsuit. In a New York City court, an