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Home > Company Index > Financial Services > Miscellaneous Financial Services > PayPal, Inc.

PayPal, Inc.
 NEWS FROM THE STANDARD
Adults Dominate the Net
Jul 19 2001 04:42 PM PDT

Check, Please
Jun 11 2001 12:00 AM PDT

What's in Store Online
May 28 2001 12:00 AM PDT

E-Commerce Software
May 28 2001 12:00 AM PDT

Idealab's Identity Crisis
Apr 16 2001 04:29 PM PDT

 PROFILE
PayPal (formerly X.com) is an eBay junkie's best friend. The company's eponymous payment system allows users to transfer money via e-mail, mobile phone, or Web-enabled pager, with transactions charged to the customer's bank account or credit card. More than six million merchants and individuals use PayPal; most are buyers and sellers at online auctions. PayPal's service is available in Europe through an agreement with Dutch financial giant ING Groep. The firm also has a licensing deal with credit card issuer Providian. PayPal has abandoned its online banking business to focus on its core product. The company counts Sequoia Capital, Madison Dearborn Partners, Crédit Agricole, Nokia, and QUALCOMM among its investors.

 COMPETITION
Citigroup Inc. (C)
Wells Fargo & Company (WFC)
Yahoo! Inc. (YHOO)

 DEALS
Deal: Andale Enters Partnership With PayPal
Date Announced: 03.20.01
Value of transaction (US $Mil): 0
Description: Andale and PayPal will provide small businesses with Andale's auction services and PayPal's online payment solutions.

Search all deals for this company

 KEY PEOPLE
• Peter Thiel
    CEO
• H. David Johnson
    CFO

 CONTACT INFO
1840 Embarcadero Rd.
Palo Alto, CA 94303
US
Phone: 650-251-1100
Fax: 650-251-1101
Online: Web Site

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