PayPal is an American multinational technology company and website allowing transfer of money among people via web services and email. The money can be deposited into a bank account. PayPal was owned by eBay, from 2002[5][6] to 2015.[4][7] It can be used in more than 200 countries.[8]
Quick facts Company type, Traded as ...
PayPal Holdings, Inc. |
 |
| Company type | Public |
|---|
| |
|---|
| Industry | Financial technology |
|---|
| Predecessors | |
|---|
| Founded | December 1998; 27 years ago (1998-12) (as Confinity)
October 1999; 26 years ago (1999-10) (as X.com)
March 2000; 25 years ago (2000-03) (as PayPal) |
|---|
| Founders | |
|---|
| Headquarters | San Jose, California, U.S. (corporate headquarters)
La Vista, Nebraska, U.S. (operative center) |
|---|
Area served | Almost worldwide |
|---|
Key people | |
|---|
| Products | Credit cards, payment systems |
|---|
| Revenue | US$25.37 billion (2021)[3] |
|---|
| US$4.26 billion (2021)[3] |
|---|
| US$4.17 billion (2021)[3] |
|---|
| Total assets | US$75.80 billion (2021)[3] |
|---|
| Total equity | US$21.73 billion (2021)[3] |
|---|
Number of employees | c. 30,900 (2021)[3] |
|---|
| Divisions | - PayPal Inc (PPI)[4]
- PayPal Pte. Ltd (3PL)[4]
- PayPal Payments Pte. Holdings (PPLUX)[4]
- PayPal Payments Pte Limited (4PL)
|
|---|
| Subsidiaries | - Braintree
- Paydiant
- Honey
- Venmo
- PayPal Credit
- Xoom Corporation
- Zettle
- Tradera
|
|---|
| Website | www.paypal.com |
|---|
Close
PayPal allows customers to send, receive, and hold funds in 25 currencies worldwide.[9] However, PayPal is not a bank.[10] Funds that are not used are converted into PayPal's profit.[11]
