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PayPal
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support E-commerce payment system, online money transfers; it serves as an electronic alternative to traditional Banknote, paper methods such as cheque, checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial and company users, for which it charges an international addition bank charges fee. Established in 1998 as Confinity, PayPal went public through an initial public offering, IPO in 2002. It became a wholly owned subsidiary of eBay later that year, valued at $1.5 billion. In 2015 eBay corporate spin-off, spun off PayPal to its shareholders, and PayPal became an independent company again. The company was ranked 143rd on the 2022 Fortune 500, ''Fortune'' 500 of the largest United States corporations by revenue. Since 2023, PayPal is a member of the MACH Al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peter Thiel
Peter Andreas Thiel (; born 11 October 1967) is an American entrepreneur, venture capitalist, and political activist. A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook. According to ''Forbes'', as of May 2025, Thiel's estimated net worth stood at US$20.8 billion, making him the 103rd-richest individual in the world. After graduating from Stanford, Thiel began his career as a clerk for Judge James Larry Edmondson, worked as a securities lawyer at Sullivan & Cromwell, a speechwriter for former U.S. secretary of education William Bennett, and a derivatives trader at Credit Suisse. He founded Thiel Capital Management in 1996 and co-founded PayPal with Max Levchin and Luke Nosek in 1998. He was the chief executive officer of PayPal until its sale to eBay in 2002 for $1.5 billion. Following PayPal, Thiel founded Clarium Capital, a global macro hedge fund based in San Francisco. In 2003, he launched Palantir Tec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PayPal Honey
Honey Science Corporation, doing business as PayPal Honey (previously Honey), is an American technology company and a subsidiary of PayPal. It is known for developing a browser extension that automatically applies online coupons on e-commerce websites. Founded in 2012 by Ryan Hudson and George Ruan in Los Angeles, California, the company was acquired by PayPal in 2020 for approximately $4 billion. The company has come under scrutiny for overriding affiliate links and using misleading advertising. History Entrepreneurs Ryan Hudson and George Ruan founded Honey in November 2012 in Los Angeles, California, after building a prototype of the browser extension in late October 2012. A bug tester leaked the prototype to Reddit, where it gained adoption. By March 2014, the company had 900,000 organic users. Honey raised a $26 million Series C round, led by Anthos Capital in March 2017. By January 2018, Honey had raised a total of $40.8 million in venture backing. In 2020, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zettle
Zettle by PayPal (previously known as iZettle) is a Sweden, Swedish financial technology company founded by Jacob de Geer and Magnus Nilsson in April 2010. Launching its first app and service in 2011, the company offers a range of financial products including payments, point of sales, funding and partners applications. The company was acquired by PayPal in 2018. The company was one of the first to develop a Payment terminal, chip-card reader and app for smartphone-based mobile commerce which meets international security requirements. History In April 2010, Jacob de Geer and Magnus Nilsson founded iZettle and launched its first app and chip card reader in 2011. The name “iZettle” derives from the expression “settling a debt.” The founders wanted a name that described what the company would do. They decided on a stylized combination of the words “I” and “Settle.” iZettle is de Geer's fourth start-up. de Geer was the first employee of TradeDoubler in 1999 and Ame ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PayPal Credit
PayPal Credit, formerly named Bill Me Later (BML), is a proprietary buy now, pay later payment method offered on merchant websites, including those of Wal-Mart, Home Depot, USPS and eBay in the United States. The site provides consumers with a line of revolving credit through Synchrony Bank. It allows purchases to be made online without the use of a credit card by creating a line of credit. Customer, can either pay off the balance at a later date or pay it in installments. The company was one of the first recipients of the Red Herring Global 100 Award by the publication Red Herring. On November 7 2008, PayPal PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support E-commerce payment system, online money transfers; it serves as an electronic alter ... completed its acquisition of Bill Me Later. It was formerly owned by I4 Commerce and created by GoPin Inc. History T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Max Levchin
Maksymilian Rafailovych "Max" Levchin (born July 11, 1975) is a Ukrainian-American software engineer and businessman. In 1998, he co-founded the company that eventually became PayPal. Levchin made contributions to PayPal's anti-fraud efforts and was the co-creator of the Gausebeck-Levchin test, one of the first commercial implementations of a CAPTCHA challenge response human test. He founded or co-founded the companies Slide.com, HVF, and Affirm. He was an early investor in Yelp and was their largest shareholder in 2012. He left a leadership role in Yelp in 2015. Levchin was a producer for the movie '' Thank You for Smoking''. Early life and education Born in Kyiv, then part of the Ukrainian SSR, to a Ukrainian-Jewish family, Levchin moved to the United States and settled in Chicago in 1991. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elon Musk
Elon Reeve Musk ( ; born June 28, 1971) is a businessman. He is known for his leadership of Tesla, SpaceX, X (formerly Twitter), and the Department of Government Efficiency (DOGE). Musk has been considered the wealthiest person in the world since 2021; ''Forbes'' estimates his net worth to be . Born to a wealthy family in Pretoria, South Africa, Musk emigrated in 1989 to Canada. He received bachelor's degrees from the University of Pennsylvania in 1997 before moving to California, United States, to pursue business ventures. In 1995, Musk co-founded the software company Zip2. Following its sale in 1999, he co-founded X.com, an online payment company that later merged to form PayPal, which was acquired by eBay in 2002. That year, Musk also became an American citizen. In 2002, Musk founded the space technology company SpaceX, becoming its CEO and chief engineer; the company has since led innovations in reusable rockets and commercial spaceflight. Musk joined ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venmo
Venmo is an American mobile payment service founded in 2009 and owned by PayPal since 2013. Venmo is aimed at users who wish to split their bills. Account holders can transfer funds to others via a mobile phone app; both the sender and receiver must live in the United States. Venmo also operates as a small social network, as users can observe other users' public transactions with posts and emoticons. In 2021, the company handled US$230 billion in transactions and generated US$850 million in revenue. Users can view transactions on the Venmo website but cannot complete transactions on the website. By default, Venmo publishes every peer-to-peer transaction (excluding the amount), a feature shown by researchers to reveal sensitive details about users' lives in some situations. In 2018, the company settled with the Federal Trade Commission (FTC) about several privacy and security violations related to this and other features, and made changes to the corresponding settings. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Confinity
Confinity Inc. was an American software company based in Silicon Valley, best known as the creator of PayPal. It was founded in December 1998 by Max Levchin, Peter Thiel, and Luke Nosek, initially as a PalmPilot payments and cryptography company. Company The company was launched in 1998 as Fieldlink and later renamed Confinity. Many of Confinity's initial recruits were alumni of '' The Stanford Review,'' also co-founded by Thiel, and most early engineers hailed from the University of Illinois at Urbana-Champaign, recruited by Levchin. Early investors included Nokia Ventures, Deutsche Bank, and William N. Melton, the founder of CyberCash. Confinity's second office, 165 University Avenue in Palo Alto, California, is also known for being the former office of Google and Logitech. Confinity launched its milestone product, PayPal, in late 1999. Confinity merged with X.com, founded by Elon Musk, in March 2000. The merged company became known as X.com because this was thought to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Braintree (company)
Braintree is a Chicago-based company that primarily deals in mobile and web payment systems for e-commerce companies. The company was acquired by PayPal on September 26, 2013. History Braintree was founded by Bryan Johnson in 2007. By 2011, the company ranked 47th on Inc. magazine's annual list of the 500 fastest-growing companies. In that year, Bill Ready joined the company as CEO. Johnson remained chairman. In 2012, Braintree acquired Venmo for $26.2 million. A year later, PayPal, then part of eBay, acquired Braintree for $800 million. In August 2015, PayPal acquired Chicago-based mobile commerce company Modest and rolled Modest's products into Braintree's offerings. Braintree first expanded internationally in 2012, when it announced that it would begin providing services in Australia. The company began serving Europe and Canada in August 2013 and announced support in Hong Kong, Singapore, and Malaysia in 2015. By late 2015, Braintree was processing nearly $50 billion in a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ken Howery
Kenneth Alan Howery (; born November 4, 1975) is an American entrepreneur and diplomat. He is a co-founder of PayPal and Founders Fund. He served as the U.S. ambassador to Sweden from 2019 to 2021 under President Donald Trump. On December 22, 2024, President-elect Trump announced his intention to nominate Howery as the next U.S. ambassador to Denmark. Early life and education Howery was born in 1975 in Texas. Later graduating from Stanford University in 1998 with a B.A. in economics. While at Stanford, he was managing editor of '' The Stanford Review'', a student-run newspaper founded by Peter Thiel. Career The same year he graduated, he co-founded PayPal with Peter Thiel, Luke Nosek, Elon Musk, and Max Levchin. The group of founders became known as the PayPal Mafia, which included other peers and early investors. From 1998 to 2002, Howery served as PayPal's CFO. Following PayPal's acquisition by eBay in 2002, Howery served as eBay's Director of Corporate Development until ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luke Nosek
Łukasz Nosek (; born June 1, 1975) is a Polish-American- French entrepreneur, notable for being a co-founder of PayPal. Biography Łukasz Nosek was born in Tarnów, Poland. After emigrating to the US, he earned a B.S. in Computer Engineering from the University of Illinois at Urbana–Champaign. In the summer of 1995, while still in college, he co-founded SponsorNet New Media, Inc., along with fellow Illinois students Max Levchin and Scott Banister. Nosek then worked for Netscape. In 1998, with Max Levchin, Peter Thiel and Ken Howery, Nosek co-founded PayPal, serving as vice president of marketing and strategy, creating the company's "instant transfer" product. In his first conversation with Thiel, he told Thiel he had just registered to be cryonically suspended, in other words, that he would be subject to low-temperature preservation in case of his legal death in hopes that he might be successfully revived by future medical technology. Thiel himself would later follow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
