PayPal

PayPal is an online payments system to send or receive money or to set up a merchant account. Read more

19,304 Followers on Owler
19,304 Followers on Owler
19,304 Followers on Owler
19,304 Followers on Owler

PayPal

PayPal is an online payments system to send or receive money or to set up a merchant account. Read more

Daniel H. Schulman's photo - President & CEO of PayPal

President & CEO

Daniel H. Schulman

CEO Approval Rating

87/100

Founded:

1998

Status:

PublicIndependent CompanyNASDAQPYPL

PAYPAL TOP COMPETITORS OR ALTERNATIVES

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WePay is perceived as one of PayPal's biggest rivals. WePay was founded in 2008, and is headquartered in Redwood City, California. Like PayPal, WePay also competes in the Internet Software space. WePay generates $21.4B less revenue vs. PayPal.

2Checkout is a top competitor of PayPal. 2Checkout is a Private company that was founded in 2006 in Atlanta, Georgia. Like PayPal, 2Checkout also works within the Internet Software sector. Compared to PayPal, 2Checkout has 21,400 fewer employees.

Authorize.Net is PayPal's #3 rival. Authorize.Net is headquartered in San Francisco, California, and was founded in 1996. Authorize.Net operates in the Internet Software industry. Authorize.Net generates 0.13% the revenue of PayPal.

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PayPal Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$21.5B

PayPal's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 2B. Over the last four quarters, PayPal's revenue has grown by 32.4%. Specifically, in Q4 2020's revenue was $6.1B; in Q3 2020, it was $5.5B; in Q2 2020, it was $5.3B; in Q1 2020, PayPal's revenue was $4.6B.

PayPal Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Curv, Inc.

Mar 2021

Source »
$200M
Curv is a New York-based distributed ledger technology that provides cryptocurrency custody solutions for individuals and financial institutions.
Honey Science, LLC

Nov 2019

Source »
$4B
Honey is a web-based platform that allows users to tracks prices and find discount codes for online products.
GOPAY s.r.o.

Sep 2019

Source »
undisclosed
GOPAY develops a web and mobile-based platform that offers payment solutions for the E-commerce industry.
Hyperwallet Systems, Inc.

Jun 2018

Source »
$400M
Hyperwallet, a subsidiary of PayPal, provides online money transfer and cross-border payment solutions for businesses.
Simility, Inc.

Jun 2018

Source »
$120M
Simility is a cloud-based adaptive fraud prevention platform that combines machine learning with human analysis to detect fraudsters evolving tactics.

These are all the companies that PayPal has acquired. PayPal has acquired 20 companies and its latest acquisition was Curv, Inc. in Mar 2021. Curv is a New York-based distributed ledger technology that provides cryptocurrency custody solutions for individuals and financial institutions.

PayPal Funding History

Since PayPal was founded in 1998, it has participated in 5 rounds of funding. In total PayPal has raised $4.3B. PayPal's last funding round was on May 2020 for a total of $4.0B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
May 2020
$4B
-
IPO
Feb 2002
$70.2M
-
Series D
Feb 2001
$90M
Series C
Apr 2000
$100M
Equity
Jan 2000
$23M

Since PayPal was founded in 1998, it has participated in 5 rounds of funding. In total PayPal has raised $4.3B. PayPal's last funding round was on May 2020 for a total of $4.0B

PayPal Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

StormX is a Washington-based gamified micro-task marketplace that allows users to earn cryptocurrency on buying consumer goods such as clothes and food products.
$6M
Apr 12, 2021
Growth
-
Flutterwave is an online financial platform that provides commercial financing and online payment solutions for individuals and businesses.
$170M
Mar 09, 2021
Series C
-
Tink is an open banking platform that offers account aggregation, personal finance management, data enrichment and payment initiation solutions.
-
Jun 02, 2020
Corporate Round
-
Gojek is a mobile-based application that offers ride-hailing, logistics, and grocery product delivery solutions for individuals.
-
Jun 02, 2020
Series F
-
SafeBreach develops a cybersecurity platform that specializes in continuously simulating hacking methods to help enterprises identify breach scenarios and network vulnerabilities before an attacker does.
$19M
Apr 14, 2020
Series C
-

These are all the companies that PayPal has invested in. PayPal has invested 20 companies and its latest investment was Curv, Inc. in Mar 2021. Curv is a New York-based distributed ledger technology that provides cryptocurrency custody solutions for individuals and financial institutions.

PayPal News

May 7, 2021Bleeping Computer

Twitter Tip Jar may expose PayPal address, sparks privacy concerns

This week Twitter has begun experimenting with a new feature called 'Tip Jar,' which lets Twitter use... See more »
May 7, 2021DFNI

Munich Airport debuts integrated PayPal QR code payments

The airport's retail subsidiary Eurotrade has become the first in-airport retailer in Europe to use t... See more »
May 7, 2021MarketScreener

integrates payment provider PayPal into its own B2B platform solution

(marketscreener.com) Aareal Bank Group integrates payment provider PayPal into its own B2B platform s... See more »
May 6, 2021PYMNTS

PayPal Reports Strong Q1 Results; Chime Stops Using Word 'Bank' After Regulator's Pushback

In today's top news, PayPal's earnings exceeded expectations as the firm sets its eyes on building a ... See more »
May 6, 2021ValueWalk

Publicis Sapient EVP Reaction

With Paypal Holdings Inc (NASDAQ:PYPL) having just released their Q1 earnings report I wanted to offe... See more »
May 6, 2021RocketNews

Dow Jones Erases Gains, Tech Stocks Slide As Jobless Claims Fall; Apple At Key Level, While PayPal Jumps On Earnings - Investor's Business Daily

Dow Jones Erases Gains, Tech Stocks Slide As Jobless Claims Fall; Apple At Key Level, While PayPal Ju... See more »
May 6, 2021The Sun Daily

PayPal profit tops estimates on digital payments boom

SAN FRANCISCO: PayPal on Wednesday reported record quarterly profit as the online financial transacti... See more »

PayPal Press Releases

February 16, 2021CSRwire

PayPal and CARE USA Honored With 'Golden Halos' for Best-in-Class Corporate Social Impact Efforts

Engage for Good has named PayPal and CARE USA its 2021 Golden Halo Award winners, the group's highest... See more »
January 7, 2021PR Newswire

TaxBit Secures Investments from PayPal Ventures and Coinbase Ventures; Winklevoss Capital Doubles Down

SALT LAKE CITY, Jan. 7, 2021 /PRNewswire/ -- TaxBit, which offers cryptocurrency tax automation softw... See more »
December 17, 2020PR Newswire

LISC's Black Economic Development Fund reaches $175 million with $50 million investment from PayPal, $12.5 million from HubSpot

NEW YORK, Dec. 17, 2020 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) today announ... See more »
November 18, 2020StreetInsider

Junior Achievement of New York to honor Dan Schulman, President and CEO of PayPal, at the Inspiring Tomorrows Virtual Summit

NEW YORK, Nov. 18, 2020 /PRNewswire/ -- Junior Achievement of New York (JA New York) is pleased to an... See more »
October 29, 2020Emerging Growth

PayPal Introduces New Service for Digital Currency Management

PayPal's cryptocurrency support will allow users to buy, sell and hold crypto on its platform. Right ... See more »
October 28, 2020PR Newswire

PayPal Invests $50 Million in Black and Latinx-Led Venture Capital Funds

SAN JOSE, Calif., Oct. 28, 2020 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced ... See more »
October 20, 2020PR Newswire

IQST - iQSTEL Brings PayPal and Venmo Alternatives To Underserved Rapidly Growing Market Segment

NEW YORK, Oct. 20, 2020 /PRNewswire/ -- iQSTEL, Inc. (USOTC: IQST) today announced the market segment... See more »

PayPal Videos

Social Media

PayPal Headquarters

2211 North First Street

San Jose, California95131

408-967-7500

Driving Directions »

Trending Companies

PayPal Summary

ABOUT

Overview

PayPal is an online payments system to send or receive money or to set up a merchant account. PayPal was founded in 1998. PayPal's headquarters is located in San Jose, California, USA 95131. It has raised 4.3B in 5 rounds. The latest round was in May ...

CEO

PayPal's President & CEO, Daniel H. Schulman, currently has an approval rating of 87%. PayPal's primary competitors are WePay, 2Checkout & Authorize.Net.

Website

paypal.com

Frequently Asked Questions about PayPal

  1. When was PayPal founded?

    PayPal was founded in 1998
  2. Who is PayPal's CEO?

    PayPal's CEO is Daniel H. Schulman
  3. How much revenue does PayPal generate?

    PayPal generates $21.5B in revenue
  4. How much funding does PayPal have?

    PayPal has historically raised $4.3B in funding
  5. Where is PayPal's headquarters?

    PayPal's headquarters is in San Jose California, USA
  1. How many employees does PayPal have?

    PayPal has 21,800 employees
  2. What sector does PayPal operate in?

    PayPal is in Application Software, Internet Software, Fintech
  3. Who are PayPal's competitors?

    PayPal's top competitors are WePay, 2Checkout, Authorize.Net
  4. Who has PayPal invested in?

    PayPal's has invested in companies such as StormX, Flutterwave, Tink