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PayPal's Competitors, Revenue, Number of Employees, Funding and Acquisitions

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

PayPal is headquartered in ... Read more

Based on data from PayPal's latest SEC filings

Annual Revenue

Based on data from PayPal's latest SEC filings

Employees

Dan Schulman's photo - President & CEO of PayPal

President & CEO

Dan Schulman

CEO Approval Rating

84/100

OVERVIEW

Founded:

1998

Headquarters:

San JoseCalifornia

Status:

PublicIndependent Company of NASDAQPYPL

Industry Sector:

Application Software

Internet Software

SIC Code:

6199NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is Intuit a competitor of PayPal?

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Trending News for PayPal and PayPal's Competitors

December 9, 2019

Crowdfund Insider

PayPal Surpasses $100 Million in Donations During GivingTuesday 2019

Payments platform giant PayPal (NASDAQ: PYPL) recently announced it surpasses $100 million during Giv... See more »

December 9, 2019

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Threatened by Walmart, WhatsApp, and UPI, Paytm is trying something new

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Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

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 $17B 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 Application Software sector. Compared to PayPal, 2Checkout has 21,459 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 0.04% the revenue of PayPal.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Dan Schulman

President & CEO

- -
21,800
$260.2M
$17B
1

Bill Clerico

Co-Founder & CEO

70/100
226
$73.5M
$75M
2

Alex P. Hart

CEO

83/100
341
$77.5M
$330M
3

CEO

- -
40
- -
$6M
4

Lorenzo Pellegrino

CEO

80/100
717
- -
$261.1M
5

Sasan Goodarzi

CEO

77/100
7,900
- -
$14.2B
6

CEO

- -
409
- -
$11M
7

Ben Milne

Founder & CEO

66/100
50
$51.2M
$8.8M
8

Bill Ready

CEO

82/100
1,500
$70.2M
$150M
9

Patrick Collison

Co-Founder & CEO

90/100
2,000
$997.7M
$1.5B
10

Scott Galit

CEO

85/100
1,200
$270M
$174.4M
The top 10 competitors in PayPal's competitive set are WePay, 2Checkout, Authorize.Net, Skrill, Intuit, ProPay, Dwolla, Braintree, Stripe and Payoneer. Together they have raised over 1.5B between their estimated 15.9K employees. PayPal has 21,800 employees and is ranked 1st among it's top 10 competitors. The top 10 competitors average 3,289.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$17B

PayPal's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 3.1B. Over the last four quarters, PayPal's revenue has grown by 3.6%. Specifically, in Q3 2019's revenue was $4.4B; in Q2 2019, it was $4.3B; in Q1 2019, it was $4.1B; in Q4 2018, PayPal's revenue was $4.2B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Honey

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 provides payment solutions for e-commerce and aviation travel industries.
Hyperwallet Systems, Inc.

Jun 2018

Source »
$400M
Hyperwallet 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.
Jetlore

May 2018

Source »
undisclosed
Jetlore is an AI-based platform that allows online retailers to predict and create product listing pages and promotional email layouts.

These are all the companies that PayPal has acquired. PayPal has acquired 14 companies and its latest acquisition was Honey in Nov 2019. Honey is a web-based platform that allows users to tracks prices and find discount codes for online products.

PayPal Funding History

Since PayPal was founded in 1998, it has participated in 3 rounds of funding. In total PayPal has raised $260.2M. PayPal's last funding round was on Feb 2002 for a total of $70.2M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Feb 2002
$70.2M
-
Series D
Feb 2001
$90M
Series C
Apr 2000
$100M

Sequoia Capital

Total Funding: $260.2M

Since PayPal was founded in 1998, it has participated in 3 rounds of funding. In total PayPal has raised $260.2M. PayPal's last funding round was on Feb 2002 for a total of $70.2M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Tink is an open banking platform that offers account aggregation, personal finance management, payment initiation and categorization services.
$11.2M
Jun 03, 2019
Equity
-
Happy Returns provides in-person return and logistics solutions for retailers.
$11M
Apr 24, 2019
Equity
-
Cambridge Blockchain develops a SaaS-based platform that provides identity management and compliance solutions for financial institutions.
-
Apr 01, 2019
Series A
-
Ellevest is a digital investment platform that provides personal finance and investment advisory services.
$28M
Mar 10, 2019
Equity
-
Raisin is a savings and investment marketplace that allows banks to offer third-party deposit products.
$114M
Feb 05, 2019
Series D
-

These are all the companies that PayPal has invested in. PayPal has invested 14 companies and its latest investment was Honey in Nov 2019. Honey is a web-based platform that allows users to tracks prices and find discount codes for online products.

PayPal News

December 5, 2019DirectorsTalk Interviews

PayPal Holdings - Consenus Indicates Potential 19.3% Upside

PayPal Holdings found using ticker (PYPL) now have 40 analysts covering the stock with the consensus ... See more »
December 5, 2019Philanthropy News Digest

2019 #GivingTuesday Raises $511 Million Online, $1.9 Billion Total

According to the GivingTuesday Data Collaborative, online giving increased significantly from nearly ... See more »
December 4, 2019Business Insider

How to find your PayPal account and routing numbers to set up direct deposit, if you're eligible to use the feature

ShutterstockYou'll need to find your PayPal account and routing number to set up the direct deposit f... See more »
December 4, 2019PhoneWorld Magazine

Steps Must Be Taken to Attract E-commerce Giants Like Amazon and Paypal

Copyright protected content copied from PhoneWorld website.There is need to create incentives for com... See more »
December 3, 2019Business Insider

How to remove your debit or credit card from PayPal in 5 simple steps

ShutterstockYou can remove a debit or credit card from PayPal if it's expired, you've received a repl... See more »
December 3, 2019PYMNTS

PayPal's Honey Deal Shows Appeal Of Price-Tracking Apps

In retail these days, it's all about the ecosystem, and it's also sometimes about rewards and discoun... See more »
December 2, 2019Crowdfund Insider

PayPal & Mastercard Announces Expansion of Instant Transfer to Singapore & Europe

PayPal and Mastercard recently announced the expansion of instant transfer service, Mastercard Send, ... See more »

PayPal Press Releases

August 19, 2019PRWeb

SuitePOS and PayPal Deliver In-Person Payments to Retailers on NetSuite and Salesforce

SuitePOS, a single POS app that provides multiple in-store checkout options for retailers running Net... See more »
August 15, 2019PR Newswire

ShoppingGives Partners with PayPal Giving Fund to Enable Seamless Donations Between Retailers, Nonprofits, and Customers

CHICAGO, Aug. 15, 2019 /PRNewswire/ -- ShoppingGives announced it is partnering with PayPal Giving Fu... See more »
May 14, 2019PR Newswire

Digital Cash is Here to Stay Saying Bye Bye Conventional Wallets

NEW YORK, May 14, 2019 /PRNewswire/ -- For decades, payments companies such as PayPal (NASDAQ:PYPL) a... See more »
April 15, 2019Newswire Today

PayPal VP Unveils How to Create A Customer-first Mindset Across the Organisation At the 13th Annual Customer Contact Europe

NewswireToday (newswire) - Mon, 15 Apr 2019 00:00:00 -0400 Santa Clara, CA United States - A Frost & ... See more »
February 22, 2019For Press Release

PayPal In Partnership With Infibeam Avenues Buy OOO Launches 100pr Cashback Offer

See more »
January 16, 2019PR Newswire

AXS Integrates PayPal to Improve Ticket Buying Experience

LOS ANGELES, Jan. 15, 2019 /PRNewswire/ -- AXS and PayPal are working together to streamline the buyi... See more »
November 30, 2018Newswire

PayPal Now Available to Integrate With SharePoint, Office 365, and SQL Databases by Layer2

The IT company "Layer2 leading solutions" announces PayPal to be integrated with a wide range of IT b... See more »

PayPal Videos

April 11, 2019PayPal Youtube Channel

"How PayPal Business Debit Mastercard® Helped Motorcycle Works" on YOUTUBE

See more »
April 11, 2019PayPal Youtube Channel

"The Six Unity, Episode 2: All Dedicated" on YOUTUBE

See more »
April 1, 2019PayPal Youtube Channel

"2018 PayPal Business Makeover Contest Winner Project MQ" on YOUTUBE

See more »
February 14, 2019PayPal Youtube Channel

"The Six Unity, Episode 1: All Invited" on YOUTUBE

See more »
January 16, 2019PayPal Youtube Channel

"Getting Started with the PayPal Here Chip and Tap Reader" on YOUTUBE

See more »
January 11, 2019PayPal Youtube Channel

"2018 PayPal Business Makeover Contest Winner Rayburn Farms" on YOUTUBE

See more »
December 28, 2018PayPal Youtube Channel

"Never Stand Still Season 1 | Episode 12 | Ellevest CEO and Co Founder Sallie Krawcheck" on YOUTUBE

See more »

Social Statistics

Headquarters

2211 North First Street

San Jose, California95131

408-967-7500

Driving Directions »

Trending Companies

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 260.2M in 3 rounds. The latest round was in Fe...

CEO

PayPal's President & CEO, Dan Schulman, currently has an approval rating of 84%. 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 Dan Schulman

  3. How much revenue does PayPal generate?

    PayPal generates $17B in revenue

  4. How much funding does PayPal have?

    PayPal has historically raised $260.2M 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

  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 Tink, Happy Returns, Cambridge Blockchain
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