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 TypeFinancial technology company 1 Founded YearFounded December 1998 as Confinity; merged with X.com in March 2000 and adopted the PayPal name that year. HeadquartersSan 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.
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Sources
1. Wikipedia, PayPal
Wikipedialead 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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