Official Name: PayPal Holdings, Inc.
Headquarters: San Jose, CA, United States
Founded: December 1998
CEO: Mr. Daniel H. Schulman
USD as of April 1, 2022
PayPal Holdings, Inc. is a company operating a worldwide online payment system. Providing an electronic alternative to traditional checks and money orders, Paypal helps online vendors and commercial users by supporting online money transfers in exchange for a fee. PayPal had its Initial Public Offering in 2002 before being acquired by eBay, which later separated from it in 2015.
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company's payments platform allows consumers to send and receive payments in approximately 200 markets and in approximately 100 currencies, withdraw funds to their bank accounts in 56 currencies, and hold balances in their PayPal accounts in 25 currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee. Established in 1998 as Confinity, PayPal went public through an IPO in 2002. It became a wholly owned subsidiary of eBay later that year, valued at $1.5 billion. In 2015 eBay spun off PayPal to its shareholders, and PayPal became an independent company again. The company was ranked 134th on the 2021 Fortune 500 of the largest United States corporations by revenue.
Source: Wikipedia, retrieved on March 31, 2022, 9:03 p.m.
Credit cards, payment systems
Founder(s): Peter Thiel Luke Nosek Max Levchin Elon Musk Ken Howery Yu Pan Russel Simmons
John Donahoe (Chairman) Dan Schulman (President and CEO)
Revenue: US$25.371 Billion (Fiscal Year Ended December 31, 2021)
Operating income: US$4.262 Billion (Fiscal Year Ended December 31, 2021)
Net income: US$4.169 Billion (Fiscal Year Ended December 31, 2021)
Total assets: US$75.803 Billion (Fiscal Year Ended December 31, 2021)
Total equity: US$21.727 Billion (Fiscal Year Ended December 31, 2021)
PayPal Holdings, Inc. has the following listings and related stock indices.
Stock: NASDAQ: PYPL
Stock: BCBA: PYPL
Stock: BMV: PYPL
Stock: Bovespa: PYPL34
Stock: FSX: 2PP
Stock: MTA: PYPL.U