PayPal Holdings, Inc. is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company's combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform. It operates a two-sided global technology platform that links its customers, both merchants and consumers, around the globe to facilitate the processing of payment transactions, allowing it to connect merchants and consumers. It allows its customers to use their account for both purchase and paying for goods, as well as to transfer and withdraw funds. It enables consumers to exchange funds with merchants using funding sources, which include bank account, PayPal account balance, PayPal Credit account, credit and debit card or other stored value products. It offers consumers person-to-person payment solutions through its PayPal Website and mobile application, Venmo and Xoom.
https://www.paypal.com/PayPal is an electronic payment system headquartered in the United States. It was originally created in 1998 as an independent project of Confinity, in 2000 it was transformed into PayPal, Inc. after the merger of the parent company with Elon Musk's financial company X.com, in 2002 it was acquired by eBay, and in 2015 it was again spun off into an independent corporation - PayPal Holdings, Inc.
Now it is the largest payment system, operating almost all over the world (covering about 202 countries). According to the latest data, the number of its users has exceeded 170 mn.
The corporation also acquired more than 25 companies, most of which specialize in online and mobile payments.
Financial data
As of 2024:
Shares
PayPal hold its IPO in 2002, after acquiring eBay, and was valued at USD 1.5 bn. The stock was listed on the NASDAQ stock exchange.
Currently, PYPL shares are a component of 3 major stock indices:
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We offer access to the world's largest exchanges, including trading on NASDAQ, one of the two leading exchanges in the United States. To start trading:
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