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PayPal Holdings, Inc.

Financials

PayPal Holdings, Inc. is an American online payments company headquartered in San Jose, California, formed out of a late 1990s merger between the financial security firm Confinity and X.com, an online banking venture co-founded by Elon Musk. It operates a widely used online payment system letting individuals and businesses send and receive money electronically, was owned by eBay for over a decade, and became an independent public company again through a 2015 spin-off, growing into one of the largest digital payments companies in the world.

Facts
Company Type
Financial technology company 1
Founded Year
1998 1
Founded December 1998 as Confinity; merged with X.com in March 2000 and adopted the PayPal name that year.
Headquarters
San Jose, California, U.S. 1
Connections

Associated With

The PayPal payment service is operated by PayPal Holdings, Inc.

Founded By

Max Levchin co-founded PayPal, originally named Confinity, in 1998.

Related Corporate Events

In the Other Atlases
Sources
1. Wikipedia, PayPal
Wikipedia
  • lead paragraph
    PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders.
  • infobox, Founded
    PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders.
  • infobox, Headquarters
    PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders.
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