PayPal

Description

Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. PayPal's open digital payments platform gives PayPal’s 286 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

Overview
Foundation year: Dec 1, 1998
Location: "San Francisco Bay Area, Silicon Valley, West Coast"
Number of employees: 21800
Founders: "Ken Howery, Luke Nosek, Max Levchin, Peter Thiel"
Website: https://www.paypal.com/uz/home
Target geographic market:

Global

About Product/Service
Volume of Transactions in 2019$719B
Regulators/CompliancePCI-DSS, GDPR, PSD2, SCA
ValuationUSD 46,6B
PricingPayPal Payments Pro $30/month (2.9% + $0.30 per transaction)
The Base CurrencyUSD
Number of Currencies Supported24
 
Product cost-
PCI compliance
POS System Invoicing
Fraud prevention

Key people

Funding rounds

Last Funding Date Sep 1, 2015

Financials

Number of investors 26
Number of lead investors4
Names of lead investors"Jean-Brice Abrial Secondary Market - Providian Financial Bankinter Omnes Capital eBank ING Group Clearstone Venture Partners Goldman Sachs Israel Ganot Vertex Temasek Holdings Capital Group Singtel Hikari Tsushin Group Madison Dearborn Partners LabMorgan Digital Century Capital Taiwan Advanced Materials Technologies Corp Sequoia Capital Compass Technology Partners Robertson Stephens Partners Deutsche Bank Qualcomm Ventures Clearstone Venture Partners Goldman Sachs BlueRun Ventures Scott Banister Peter Thiel Kevin Hartz Sequoia Capital"
M&APayPal was acquired by eBay for $1.5B on Jul 8, 2002. This deal was done in Stock.

Tech stack

Devices supportedWindows Linux Android iPhone/iPad Mac Web-based
LanguagesEnglish
DeploymentCloud Hosted

Competitors

Founding Date Type Tags
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2017 Private
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Soldo

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Cashplus

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2005 Private Challenger banks, fintech

Reviews

4.8 out of 5

Number of uploads: 0
Number of reviews: 4
Updated:
Last Version:

4.3 out of 5

Number of uploads: 100M+
Number of reviews: 1,622,044
Updated: November 4, 2020
Last Version: 7.33.2

1.2 out of 5

Number of uploads:
Number of reviews: 14,041
Updated:
Last Version:

4.0 out of 5

Number of uploads:
Number of reviews: 4.0K
Updated:
Last Version:

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