PayPal Holdings, Inc. (PYPL)

About PayPal Holdings, Inc (PYPL)

Company Description:

 

PayPal Holdings, Inc. is a leading technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It operates a proprietary payments platform that connects merchants and consumers, offering payment solutions for goods and services.

PayPal was founded in December 1998 by Max Levchin, Peter Thiel, and Luke Nosek, and was later joined by Elon Musk. Initially, it was conceived under the name Confinity. The company is headquartered in San Jose, California, United States.

 

Main Product(s):

 

PayPal's services include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. These platforms allow customers to hold, send, and receive funds in 25 currencies worldwide.

 

Short History of PayPal Holdings, Inc:

 

  • December 1998 – Founded as Confinity by Max Levchin, Peter Thiel, and Luke Nosek.
  • March 2000 – Confinity merged with X.com, an online banking company founded by Elon Musk.
  • 2001 – The company was renamed PayPal.
  • 2002 – PayPal went public on the NASDAQ under the ticker PYPL.
  • 2002 – Acquired by eBay for $1.5 billion.
  • 2014 – Announced plans to spin off PayPal into a separate publicly-traded company.
  • 2015 – PayPal became an independent company.
  • 2019 – Acquired Honey Science Corporation, a deal-finding browser add-on.

Key Executives:

NameTitlePayExercisedYear Born
Ms. Peggy M. AlfordExecutive Vice President of Global Sales & Merchant Services948.15kN/A1972
Mr. Jonathan Saul AuerbachExecutive VP and Chief Strategy, Growth & Data Officer914.06k2.58M1963
Mr. Aaron KarczmerExecutive VP & Chief Enterprise Services Officer936.43kN/A1972
Mr. James Alexander ChrissPresident, CEO & DirectorN/AN/A1977
Ms. Jamie S. MillerExecutive VP & CFON/AN/A1969
Ms. Archana DeskusExecutive VP & CTON/AN/A1966
Mr. Bimal PatelSenior VP & General CounselN/AN/AN/A
Mr. Alfonso VillanuevaExecutive Vice President of Strategy, Corporate Development & VenturesN/AN/AN/A
Mr. Kausik RajgopalExecutive Vice President of People & SourcingN/AN/A1974
Frank KellerSVP and GM of Enterprise Segment, Merchant & Payment PlatformsN/AN/AN/A

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