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 ...
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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

86/100

OVERVIEW

Founded:

1998

Headquarters:

San JoseCalifornia

Status:

PublicIndependent Company of NASDAQPYPL

Industry Sector:

Consumer Finance

SIC Code:

Top Competitors or Alternatives

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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. WePay is in the Internet Software industry. WePay generates $16.3B less revenue vs. PayPal.

2Checkout is a top competitor of PayPal. 2Checkout is a Private company that was founded in 2006 in Atlanta, Georgia. 2Checkout operates in the Application Software industry. 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 competes 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
$16.3B
1

Bill Clerico

Co-Founder & CEO

56/100
226
$73.5M
$75M
2

Alex P. Hart

CEO

96/100
341
$77.5M
$330M
3

CEO

- -
40
- -
$6M
4

Lorenzo Pellegrino

CEO

82/100
717
- -
$261.1M
5

Sasan Goodarzi

CEO

79/100
7,900
- -
$14B
6

CEO

- -
409
- -
$11M
7

Ben Milne

Founder & CEO

69/100
50
$51.2M
$8.8M
8

Bill Ready

CEO

91/100
500
$70.2M
$150M
9

Patrick Collison

Co-Founder & CEO

81/100
2,000
$997.7M
$1.5B
10

Scott Galit

CEO

85/100
1,200
$270M
$174.4M

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$16.3B

PayPal's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 3B. Over the last four quarters, PayPal's revenue has grown by 16.9%. Specifically, in Q2 2019's revenue was $4.3B; in Q1 2019, it was $4.1B; in Q4 2018, it was $4.2B; in Q3 2018, PayPal's revenue was $3.7B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
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, Inc.

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.
iZettle AB

May 2018

Source »
$2.2B
iZettle is a provider of mobile card readers and digital payment products for businesses.

These are all the companies that PayPal has acquired. PayPal has acquired 13 companies and its latest acquisition was GOPAY s.r.o. in Sep 2019. GOPAY develops a web and mobile-based platform that provides payment solutions for e-commerce and aviation travel industries.

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 13 companies and its latest investment was GOPAY s.r.o. in Sep 2019. GOPAY develops a web and mobile-based platform that provides payment solutions for e-commerce and aviation travel industries.

PayPal News

October 17, 2019CNBC

PayPal is launching a Venmo credit card to help monetize the payment app

PayPal is partnering with Synchrony Financial to launch a credit card for Venmo users.... See more »
October 16, 2019IT Business Canada

Facebook's Libra project confirms its governing council after several major companies withdraw

After some of its major backers including eBay, MasterCard, PayPal and Visa Inc. announced their with... See more »
October 16, 2019PYMNTS

Chinese Shoppers Will Have PayPal Access By Year End

With its purchase of a majority stake in GoPay, China has allowed PayPal to operate in the country. A... See more »
October 16, 2019The Financial Times

PayPal wants to help Chinese online shoppers buy from overseas

US company gains toehold in Chinese payments market despite trade war... See more »
October 16, 2019Telecompaper

TIM offering EUR 5 top-up bonus with PayPal

(Telecompaper) Telecom Italia (TIM) has launched a new flash offer for prepay users, giving anyone wh... See more »
October 16, 2019Cointelegraph

Libra 'Absolutely Not' in Jeopardy Without PayPal, Visa

Libra is "absolutely not" in jeopardy after seven firms including PayPal and Visa have dropped out of... See more »
October 16, 2019The Guardian

PayPal refused protection as a known fraudster bags my £3,100

I lost my Dior tote and eBay refunded me but PayPal is issuing a chargebackI sold a Dior bag for £3,1... 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 »
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

Social Statistics

Headquarters

2211 N 1st 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 86%. 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 $16.3B 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 Consumer Finance
  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, Happyreturns, Cambridge Blockchain