PayPal

PayPal
PayPal Holdings, Inc. is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders. PayPal is one of the world's largest Internet payment companies. The company operates as a payment processor for online vendors, auction sites and other commercial users, for which it charges a fee.

Established in 1998, PayPal had its IPO in 2002, and became a wholly owned subsidiary of eBay later that year.

In 2014, PayPal moved $228 billion in 30 currencies across more than 190 nations, generating a total revenue of $7.9 billion (44% of eBay’s total profits). The same year, eBay announced plans to spin-off PayPal into an independent company by mid-2015 and this was completed on July 18, 2015.

Founders:
Elon Musk
Ken Howery
Luke Nosek
Max Levchin
Peter Thiel
279
  • National Geographic Society is an American society promoting geography. The company was founded on J...
  • BBC
    The British Broadcasting Corporation, or BBC, is a UK public service broadcaster operating several r...
  • Star Wars is a super-duper legendary futuristic fantastic (epic epic space opera) film/media franchi...
  • Love Is... is a single-frame strip. The upper left-hand corner starts with a simple phrase which alw...