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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

77/100

OVERVIEW

Founded:

1998

Headquarters:

San Jose, California

Status:

PublicNASDAQPYPL

Industry Sector:

Application Software,
Internet Software

SIC Code:

7372NAICS 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

April 3, 2020

Retail Times

Skrill offers free services to SMBs supporting COVID-19 initiatives

Skrill, the online payments company, is offering its wallet and Quick Checkout solution free of charg... See more »

April 3, 2020

YourStory

COVID-19: Paytm teams up with hotels to offer accommodation for healthcare professionals

Paytm launched a special hotel listings page on its app to support temporary accommodation needs of t... See more »

April 2, 2020

Benzinga

2Checkout Hosts 4th Edition of CommerceNOW 2020 - Largest Online Event Focused on Digital Commerce

ATLANTA, April 02, 2020 (GLOBE NEWSWIRE) -- 2Checkout, the leading all-in-one monetization platform f... See more »

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 $17.7B 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 21,500 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 0.03% the revenue of PayPal.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Dan Schulman

President & CEO

- -
21,800
$283.2M
$17.8B
1

Bill Clerico

Co-Founder & CEO

73/100
350
$73.5M
$75M
2

Alex P. Hart

CEO

78/100
300
$77.5M
$65M
3

CEO

- -
40
- -
$6M
4

Lorenzo Pellegrino

CEO

74/100
717
- -
$261.1M
5

Sasan Goodarzi

CEO

80/100
7,900
- -
$7.1B
6

CEO

- -
124
- -
$11M
7

Brady Harris

CEO

81/100
50
$51.2M
$10M
8

Bill Ready

CEO

69/100
1,500
$70.2M
$150M
9

Patrick Collison

Co-Founder & CEO

89/100
$997.7M
$1.5B
10

Scott Galit

CEO

74/100
1,500
$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 14.0K employees. PayPal has 21,800 employees and is ranked 1st among it's top 10 competitors. The top 10 competitors average 3,428.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$17.8B

PayPal's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 2.5B. Over the last four quarters, PayPal's revenue has grown by 20.2%. Specifically, in Q4 2019's revenue was $5B; in Q3 2019, it was $4.4B; in Q2 2019, it was $4.3B; in Q1 2019, PayPal's revenue was $4.1B.

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 4 rounds of funding. In total PayPal has raised $283.2M. 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
Equity
Jan 2000
$23M

Idealab Capital Partners

Total Funding: $283.2M

Since PayPal was founded in 1998, it has participated in 4 rounds of funding. In total PayPal has raised $283.2M. PayPal's last funding round was on Feb 2002 for a total of $70.2M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Arkose Labs is a fraud prevention platform that allows online businesses to detect fake users, credit card chargebacks, ticket scalping and game hacking.
$22M
Mar 23, 2020
Series B
-
Tink is an open banking platform that offers account aggregation, personal finance management, data enrichment and payment initiation solutions.
$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
-

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

April 1, 2020The Paypers

PayPal announces new measures on fees, repayments to help merchants

PayPal Holdings has announced a set of relief measures to help its more than 24 million merchants aro... See more »
April 1, 2020Crypto Coins Info

PayPal will develop blockchain and is already preparing to expand its team

PayPal hires a blockchain strategy director based on a recent job posting. The new employee will beco... See more »
March 31, 2020eSellercafe

PayPal Waives Fees and Defers Loan Payments to Help Small Business Customers

PayPal announced a set of relief measures to help its more than 24 million merchants around the world... See more »
March 31, 2020The Daily Hodl

PayPal Evaluating Blockchain Use Cases After CEO Reveals He Owns Bitcoin (BTC)

A new job listing posted by PayPal shows that the payments giant is looking for a director of anti-mo... See more »
March 31, 2020Crowdfund Insider

Square and Venmo's Parent PayPal are Talking to US Government About Using their Apps to Deliver Stimulus Payments to Americans

Payments company Square (NYSE:SQ) and Venmo's parent firm PayPal (NASDAQ:PYPL) are reportedly holding... See more »
March 31, 2020The Paypers

External audit into financial crime could hurt PayPal' Australia results

PayPal Australia could take a financial hit after the completion of an external audit into the compan... See more »
March 31, 2020Cointelegraph

PayPal Is Hiring a Blockchain Strategy Director

A blockchain-related job position is now available at the digital payment giant's AML division... See more »

PayPal Press Releases

December 26, 2019centralcharts

Ticketmaster Takes PayPal

Ticketmaster officially takes PayPal as a valid form of payment! What does this mean for you? You can... See more »
December 11, 2019PR Daily

How PayPal finds employee advocates to tell authentic stories

Story mining is labor-intensive, but the rewards can be enormous for workplace morale and promoting y... See more »
September 17, 2019centralcharts

Meekco.Asia hosts first-ever Shopify Creators' Market for Malaysian online retail merchants

Meekco.Asia hosts first-ever Shopify Creators' Market for Malaysian online retail merchants PR Newswi... See more »
September 13, 2019Newswire

Playpal Introduces a Unique Blend of Blockchain, Cryptocurrency and Digital Healthcare

Colorado, USA - US Based Health - Tech Revolutionists Playpal introduces the new "Health Currency" to... See more »
September 5, 2019My Social Good News

How We Give to Charity

Overview As a company that works with more than half a million charitable organizations to support pa... See more »
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 »

PayPal Videos

May 29, 2019PayPal Youtube Channel

"Build Your Business: Marketing & Social Media" on YOUTUBE

See more »
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 »

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 283.2M in 4 rounds. The latest round was in Fe...

CEO

PayPal's President & CEO, Dan Schulman, currently has an approval rating of 77%. 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 $17.8B in revenue

  4. How much funding does PayPal have?

    PayPal has historically raised $283.2M 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 Arkose Labs, Tink, Happy Returns
Stay up-to-date with the latest news on PayPal