PayPal has been eBay’s main payments provider since 2003.
In the same year, eBay acquired PayPal in a deal valued at $1.5 billion.
eBay and PayPal parted ways in 2015 and become separate public companies, but maintained close business ties.
What companies does PayPal own?
Below, we’ll take a closer look at some of PayPal’s top holdings.
- Braintree Payments. In 2013, PayPal acquired Chicago-based Braintree Payments for $800 million.
- Venmo. [Fast Fact: Venmo is the fastest-growing payments platform among PayPal’s services.]
- Xoom Corporation.
- TIO Networks.
Who bought PayPal from eBay?
In 2002, eBay paid $1.5 billion to buy PayPal, an online payments company whose founders include Silicon Valley heavyweights Elon Musk and Peter Thiel. It proved to be a very successful investment.
Who owns PayPal and venmo?
The first widely-known and -used digital wallet was PayPal. In 2012, Venmo was bought by Braintree, and in 2013 Braintree was acquired by PayPal. Venmo is partly a digital wallet, partly a social media feed.
Is PayPal owned by Google?
|Type of business||Public|
|Divisions||PayPal Inc (PPI) PayPal Pte. Ltd (3PL) PayPal Payments Pte. Holdings (PPLUX) PayPal Payments Pte Limited (4PL)|
|Subsidiaries||Braintree Paydiant Venmo PayPal Credit Xoom Corporation TIO Networks card.io iZettle Tradera|
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