PayPal is a leading global digital payments platform headquartered in San Jose, California, enabling secure online money transfers, peer-to-peer payments, and e-commerce transactions for consumers and merchants in over 200 markets.
Founded in 1998 as Confinity and merged with X.com in 2000, it spun off from eBay in 2015 and now operates independently under ticker PYPL on NASDAQ, offering services like Venmo for social payments, Braintree for developers, Xoom for international remittances, and PayPal Credit for financing.
With around 427 million active accounts, it processes trillions in payment volume annually through transaction fees, cross-border services, and innovations in AI, cryptocurrency, and mobile security, generating roughly $32 billion in yearly revenue as a fintech pioneer.
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