Company

PayPal

Official Name: PayPal Holdings, Inc.

Headquarters: San Jose, CA, United States

Founded: December 1998

Employees: 30,900

CEO: Mr. Daniel H. Schulman

NASDAQ: PYPL +1.41%

Market Cap

$63.02 Billion

USD as of Jan. 1, 2024

Market Cap History

Company Description

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 market capitalization over time

Evolution of PayPal Holdings, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of PayPal Holdings, Inc.

Detailed Description

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.

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Product & Services

Credit cards, payment systems

Key People

Founder(s): Peter Thiel Luke Nosek Max Levchin Elon Musk Ken Howery Yu Pan Russel Simmons

John Donahoe (Chairman) Dan Schulman (President and CEO)

Financials

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)

Details

Headquarters:

2211 North First Street

San Jose, CA 95131

United States

Phone: 408-967-1000