PayPal (NASDAQ: PYPL) is a publicly listed company headquartered in San Jose, California, United States that owns 4 consumer brands, and has 1 recorded transaction.[1]
PayPal grew out of a 2000 merger between Confinity and Elon Musk's X.com, was bought by eBay in 2002, and was spun back out as a separate company in 2015. Its early employees went on to found or fund a striking share of the companies that followed, a group the press calls the PayPal Mafia.
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
What brands does PayPal own?
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PayPal owns 4 consumer brands tracked here, including Braintree, PayPal, Venmo and Honey.
Is PayPal an American company?
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Yes. PayPal is headquartered in San Jose, California, United States and was founded in 1998.
Who owns PayPal?
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PayPal is a publicly listed company owned by its shareholders; it trades as PYPL on the NASDAQ.
What was PayPal's most recent acquisition?
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The most recent completed acquisition recorded here is Honey on 6 January 2020.
Sources (4) & 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.