Honey is owned by PayPal (the United States, NASDAQ: PYPL), which acquired the brand on 6 January 2020 for $4 billion.[1][2][3] Honey was founded in 2012 in Los Angeles, California and was independent until 2020.
Honey is a browser extension that hunts for discount codes at checkout. PayPal acquired it in 2020 for about $4 billion, and it drew criticism in 2024 over how it handled affiliate commissions that would otherwise have gone to the creators promoting it.
PayPal acquired Honey Science Corporation for total consideration of about $4.0 billion, roughly $3.6 billion in cash plus $400 million in assumed restricted stock, restricted stock units and options. It was PayPal's only acquisition completed in 2020 and its largest to that point, bought to push the company beyond the checkout button and into the part of shopping that happens before it.
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Frequently asked questions
Who is the parent company of Honey?
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The parent company of Honey is PayPal, a publicly listed company headquartered in the United States.
Is Honey American?
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Yes. Honey originated in the United States in 2012 and its owner, PayPal, is also headquartered in the United States.
When did PayPal buy Honey?
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PayPal completed its acquisition of Honey on 6 January 2020, after announcing the deal on 20 November 2019. The deal was valued at $4 billion.
Who owned Honey before PayPal?
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Honey was an independent company from its founding in 2012 in Los Angeles, California until PayPal acquired it in 2020.
Is Honey still owned by PayPal?
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Yes. As of 16 September 2026, Honey is still owned by PayPal. The ownership record was last checked against primary sources on that date.
Sources (3) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.