2002 IPO

PayPal Stock

Online Payment Solutions

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About PayPal Stock

PayPal provides online payment solutions to its users. It enables its users to transact money through their account balances, bank accounts, credit cards, or promotional financing without sharing financial information. The company serves individuals who purchase through online stores across the globe and businesses worldwide. It has a strategic relationship with Facebook. PayPal was formerly known as X.com Corp. and changed its name to PayPal in March 2000. PayPal has quickly become a global leader in online payment solutions with more than 153 million accounts worldwide. Available in 190 markets and 24 currencies around the world, PayPal facilitates global e-commerce by making payments possible across different locations, currencies, and languages. The company was founded in 1998 and is based in San Jose, California. It has an additional office in Timonium, Maryland; a European headquarters in Luxembourg; and an international headquarters in Singapore. The company also has operation centers in Berlin; Chandler, Arizona; Dublin and Dundalk, Ireland; La Vista, Nebraska; Petaling Jaya, Malaysia; Sao Paulo, Brazil; and Shanghai, China. PayPal, Inc. has development centers in Scottsdale, Arizona; Austin, Texas; Chennai and Bangalore, India; Singapore; and Tel Aviv, Israel. Currently, PayPal operates as a subsidiary of eBay Inc.

Funding History

January 1999$0
July 1999$4.0M
January 2000$23.0M
April 2000$100M
February 2001$90.0M



John Rainey

SVP, Chief Strategy & Growth Officer

Jonathan Auerbach

Director, Marketing Asia

Chloe Lim

Global Responsibility for P2P Payment Products

Suneet Wadhwa

Vice President, United Kingdom, Germany, Austria and Switzerland

Cameron McLean

Director, Product Management

Michael Mettler


Kamal Muralidharan

Vice President, Corporate Affairs

Franz Paasche

Senior Vice President, Simplicity, Quality and Productivity

Patrick Dupuis

Senior Director of Corporate Strategy

Scott Ellison

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