PayPal partners with Brazilian bank Itaú Unibanco

SAO PAULO (Reuters) - Digital payments firm PayPal <PYPL.O> has announced on Wednesday a partnership with Brazil's biggest private lender Itaú Unibanco Holding SA <ITUB4.SA> to offer its services to the bank's clients.

PayPal's general-director in Brazil Paula Paschoal said that the company expects to add 1 million users to its current 3.8 million client-base in Brazil in two years as a result of the partnership.

(Reporting by Carolina Mandl; Editing by Chizu Nomiyama)