PayPal

PayPal Holdings, Inc.
	Headquarters in San Jose, California, U.S.
Company type	Public
Traded as	NASDAQ: PYPL; NASDAQ-100 component; S&P 100 component; S&P 500 component;
Industry	Financial technology
Predecessors	Confinity; X.com; eBay;
Founded	December 1998 (as Confinity) ; October 1999 (as X.com) ; March 2000 (as PayPal)
Founders	Max Levchin; Peter Thiel; Luke Nosek; Ken Howery; Yu Pan;
Headquarters	San Jose, California, U.S. (corporate headquarters); La Vista, Nebraska, U.S. (operative center)
Area served	Almost worldwide
Key people	John Donahoe ; (Chairman); Dan Schulman ; (President and CEO);
Products	Credit cards, payment systems
Revenue	US$25.37 billion (2021)
Operating income	US$4.26 billion (2021)
Net income	US$4.17 billion (2021)
Total assets	US$75.80 billion (2021)
Total equity	US$21.73 billion (2021)
Number of employees	c. 30,900 (2021)
Divisions	PayPal Inc (PPI); PayPal Pte. Ltd (3PL); PayPal Payments Pte. Holdings (PPLUX); PayPal Payments Pte Limited (4PL);
Subsidiaries	Braintree; Paydiant; Honey; Venmo; PayPal Credit; Xoom Corporation; Zettle; Tradera;
Website	www.paypal.com

PayPal is an American multinational technology company and website allowing transfer of money among people via web services and email. The money can be deposited into a bank account. PayPal was owned by eBay, from 2002^[5]^[6] to 2015.^[4]^[7] It can be used in more than 200 countries.^[8]

PayPal allows customers to send, receive, and hold funds in 25 currencies worldwide.^[9] However, PayPal is not a bank.^[10] Funds that are not used are converted into PayPal's profit.^[11]

References

↑ "PayPal Goes Public Again". Forbes. Retrieved 2017-08-27.
↑ "PayPal Leadership". www.paypal.com. Retrieved 2019-04-07.
1 2 3 4 5 6 "PayPal Holdings, Inc. Full Year 2021 Form 10-K Report" (PDF). cloudfront.net. 31 December 2021. Retrieved 19 February 2022.
1 2 3 4 "EX-10.5". www.sec.gov. Retrieved 2018-06-16.
↑ Wolverton, Troy (3 October 2002). "It's official: eBay weds PayPal". CNET News. Retrieved 16 March 2014.
↑ Matt Richtel (9 July 2002). "EBay to Buy PayPal, a Rival in Online Payments". The New York Times. Retrieved 23 November 2014.
↑ Seetharaman, Deepa; Mukherjee, Supantha (September 30, 2014). "EBay follows Icahn's advice, plans PayPal spinoff in 2015". Reuters. Retrieved April 16, 2021.
↑ "PayPal Global - All countries and markets". PayPal. Retrieved 28 March 2017.
↑ "PayPal's Q4 2021 Earnings Call".
↑ "Paypal is Not a Bank". Entrepreneurial Thought Leader Speaker Series: ECorner. 21 January 2004. Archived from the original on 12 September 2015. Retrieved 24 November 2014.
↑ Chu, Lenora (February 26, 2008). "What PayPal does with your money". CNNMoney. Archived from the original on 9 November 2020. Retrieved 16 March 2014.

Other websites

paypal.com

[PayPal_Goes_Public-1] "PayPal Goes Public Again". Forbes. Retrieved 2017-08-27.

[2] "PayPal Leadership". www.paypal.com. Retrieved 2019-04-07.

[Annual10K2021-3] 1 2 3 4 5 6 "PayPal Holdings, Inc. Full Year 2021 Form 10-K Report" (PDF). cloudfront.net. 31 December 2021. Retrieved 19 February 2022.

[sec_gov-4] 1 2 3 4 "EX-10.5". www.sec.gov. Retrieved 2018-06-16.

[5] Wolverton, Troy (3 October 2002). "It's official: eBay weds PayPal". CNET News. Retrieved 16 March 2014.

[nytimes02-6] Matt Richtel (9 July 2002). "EBay to Buy PayPal, a Rival in Online Payments". The New York Times. Retrieved 23 November 2014.

[reuters2014-7] Seetharaman, Deepa; Mukherjee, Supantha (September 30, 2014). "EBay follows Icahn's advice, plans PayPal spinoff in 2015". Reuters. Retrieved April 16, 2021.

[8] "PayPal Global - All countries and markets". PayPal. Retrieved 28 March 2017.

[9] "PayPal's Q4 2021 Earnings Call".

[ecorner-10] "Paypal is Not a Bank". Entrepreneurial Thought Leader Speaker Series: ECorner. 21 January 2004. Archived from the original on 12 September 2015. Retrieved 24 November 2014.

[11] Chu, Lenora (February 26, 2008). "What PayPal does with your money". CNNMoney. Archived from the original on 9 November 2020. Retrieved 16 March 2014.

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