PayPal Company Profile – Ownership, Licensing, and Global Presence

PayPal
paypal.com
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#Payment

About the company:

Founded:
1998
Location:
California, USA
Employees:
30000

About Organisation

Brief Overview

PayPal Holdings, Inc. is a global payments platform that facilitates digital and mobile transactions for consumers and businesses. The company enables over 400 million active users to send, receive, and manage money across nearly 200 markets worldwide.

Legal Entity PayPal Holdings, Inc.
Type Publicly Traded Company
Ticker Symbol / Exchange PYPL / NASDAQ
Headquarters San Jose, California, USA
Founded December 1998 (as Confinity)
Active Accounts (approx.) 434 million (as of Q4 2024)

Mission and Business Focus

PayPal’s mission is to democratise financial services and empower global economic participation. It offers secure online payments, fraud prevention tools, and commerce enablement for individuals and enterprises.

Mission Empower individuals and businesses to thrive in the global economy
Core Services Payment processing, digital wallets, fraud prevention, platform APIs
Key Values Inclusion, Innovation, Collaboration, and Financial Wellness

Company History & Founders

Year Founded and Evolution

1998 Founded as Confinity by Max Levchin, Peter Thiel, and Luke Nosek
2000 Merged with X.com (Elon Musk)
2001 Rebranded as PayPal
2002 Acquired by eBay for $1.5 billion
2015 Spun off from eBay and relisted independently under ticker PYPL

Key People / Founders

Founders (Confinity) Max Levchin, Peter Thiel, Luke Nosek
Co-Founder (X.com) Elon Musk
Current CEO Alex Chriss (appointed 2023)

Licensing & Regulatory Info

Regulatory Bodies & Compliance Measures

PayPal is regulated globally as a licensed financial service provider, operating under a range of money transmitter and electronic money licenses depending on region.

USA Licensed Money Transmitter in most states; subject to SEC oversight as a listed company
Europe Authorised Electronic Money Institution via the Central Bank of Ireland (EU HQ)
Compliance AML/KYC enforcement, PCI-DSS compliance for card security, robust risk mitigation systems

Offices & Headquarters

Main Office Locations

Global Headquarters 2211 North First Street, San Jose, CA 95131, USA
European Headquarters Dublin, Ireland – Operational control for EU regulatory compliance
Major US Offices Scottsdale (AZ), Austin (TX), New York City (NY)
APAC & LATAM Hubs Singapore, Bengaluru, São Paulo

Business Partnerships

Operator & Affiliate Networks

PayPal maintains an extensive network of partnerships across financial services, technology, and e-commerce.

Card Networks Visa, Mastercard, American Express, Discover
Financial Institutions JPMorgan Chase, HSBC, Citi, Barclays
E-commerce Platforms Shopify, BigCommerce, Salesforce, Adobe Commerce
Subsidiary Brands Venmo (P2P), Braintree (gateway), Xoom (remittances)

Contact Details

Company Address

Corporate Address 2211 North First Street, San Jose, California, 95131, USA
General Inquiries Handled via Investor Relations and official online portals
Website: paypal.com


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