Overview

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Status
Acquired by on July 8, 2002
Investments
14 Investments in 11 Companies
Headquarters:
San Jose, CA
Description:
PayPal provides online payment solutions to its users worldwide.
Founders:
, , ,
Categories:
E-Commerce, Mobile Payments, Transaction Processing, Finance, E-Commerce Platforms, FinTech, Payments
Website:
https://www.paypal.com/home
Social:

Company Details

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PayPal provides online payment solutions to its users. It enables its users to transact money through their account balances, bank accounts, credit cards, or promotional financing without sharing financial information.

The company serves individuals who purchase through online stores across the globe and businesses worldwide. It has a strategic relationship with Facebook. PayPal was formerly known as X.com Corp. and changed its name to PayPal in March 2000.

PayPal has quickly become a global leader in online payment solutions with more than 153 million accounts worldwide. Available in 190 markets and 24 currencies around the world, PayPal facilitates global e-commerce by making payments possible across different locations, currencies, and languages.

The company was founded in 1998 and is based in San Jose, California. It has an additional office in Timonium, Maryland; a European headquarters in Luxembourg; and an international headquarters in Singapore. The company also has operation centers in Berlin; Chandler, Arizona; Dublin and Dundalk, Ireland; La Vista, Nebraska; Petaling Jaya, Malaysia; Sao Paulo, Brazil; and Shanghai, China. PayPal, Inc. has development centers in Scottsdale, Arizona; Austin, Texas; Chennai and Bangalore, India; Singapore; and Tel Aviv, Israel. Currently, PayPal operates as a subsidiary of eBay Inc.

Funding Rounds (5) - $217M

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DateAmount / RoundValuationLead InvestorInvestors
Feb, 2001$90M / Series D5
Apr, 2000$100M / Series C17
Jan, 2000$23M / Series B2
Jul, 1999$4M / Series B1
Jan, 1999undisclosed amount / Seed3
DateInvested InRoundPartner(s)
Aug, 2016$1.5M / Venture
Apr, 2016$30M / Series D (Lead)
Apr, 2016undisclosed amount / Venture
Apr, 2015$16M / Series B
Jan, 2015$1.2M / Seed
Nov, 2013$1.6M / Seed
Nov, 2013$12.2M / Series A
Jun, 2013$250k / Seed
Jan, 2013$5M / Series B (Lead)
Jan, 2013$1.2M / Venture
Oct, 2010€12M / Seed (Lead)
Jul, 2010$4.5M / Series A
2009undisclosed amount / Seed
Oct, 2007$15M / Series C

Current Team (100)

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Products (7)

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  • BattleHack is a series of global hackathon contests organized by PayPal. Its competitors are required to solve a local problem by coding.
  • PayPal Beacon is a Bluetooth Low Energy device to connect to a customer’s PayPal app when they enter a store.
  • PayPal Here is a payment solution for small businesses, allowing businesses to accept credit cards, checks and PayPal on Apple devices.
  • Share your personal link with anyone so they can send money to your PayPal account in seconds
  • PayPayDesktop is a product that allows remote connection with your PayPay accounts, faster money orders, shopping or text message sending.
  • Paypal Virtual Credit card

Competitors (13)

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  • Ant Financial is an online payment services provider that enables individuals and businesses to execute payments online in a secure manner.
  • Blockchain is a web-based bitcoin platform that makes using bitcoin safe, easy, and secure for all consumers and businesses worldwide.
  • ClientBiller.com is an automatically recurring billing tool for online estimation and invoicing.
  • Dwolla is a free web-based software platform allowing users to send, receive, and request funds from another user.
  • KushCash is a payment system that allows users to make cash transactions from anywhere via mobile devices.
  • Mpayy is a multichannel payment processor for individuals, small businesses, charities, political parties, e-commerce retailers.
  • noca is an online payment system offering reduced transaction processing rates and a way for merchants to accept payments.
  • OpenCuro is an online payment and money transfer service for individuals and online and offline merchants to make payments securely.

Partners (1)

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  • BigCommerce is the leading ecommerce platform for fast-growing and mid-market brands.

Offices/Locations (3)

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  • Headquarters

    2211 N. First Street

    San Jose, CA 95131

    USA

  • Office Spain

    Avda. Europa, 4, 1º C

    Madrid, 28108

    ESP

  • Dublin Office

    Ballycoolin Business Park

    Blanchardstown, Dublin 15

    Ireland

Past Team (245)

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Upcoming Event Appearances (1)

Mobile World Congress 2017

February 27, 2017 - March 02, 2017

Barcelona, Catalonia, Spain

This will convene industry leaders, visionaries and innovators to explore the trends that will shape mobile in the years ahead.

Past Event Appearances (46)

Images (2)

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