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:
Name
Title
Pay
Exercised
Year Born
Ms. Peggy M. Alford
Executive Vice President of Global Sales & Merchant Services
948.15k
N/A
1972
Mr. Jonathan Saul Auerbach
Executive VP and Chief Strategy, Growth & Data Officer
914.06k
2.58M
1963
Mr. Aaron Karczmer
Executive VP & Chief Enterprise Services Officer
936.43k
N/A
1972
Mr. James Alexander Chriss
President, CEO & Director
N/A
N/A
1977
Ms. Jamie S. Miller
Executive VP & CFO
N/A
N/A
1969
Ms. Archana Deskus
Executive VP & CTO
N/A
N/A
1966
Mr. Bimal Patel
Senior VP & General Counsel
N/A
N/A
N/A
Mr. Alfonso Villanueva
Executive Vice President of Strategy, Corporate Development & Ventures
N/A
N/A
N/A
Mr. Kausik Rajgopal
Executive Vice President of People & Sourcing
N/A
N/A
1974
Frank Keller
SVP and GM of Enterprise Segment, Merchant & Payment Platforms