Is Zelle owned by PayPal?

Could you please clarify the ownership structure of Zelle? Specifically, I'm interested in knowing if PayPal has any stake or ownership in Zelle. Given the prominent positions both companies hold in the digital payments industry, it's crucial to understand their relationship, if any. Does PayPal own Zelle, is there a partnership, or are they completely separate entities? Clarifying this ownership status would greatly assist in understanding the dynamics between these two influential companies.