traded as part of nasdaq pypl earlier nasdaq xoom industry remittances founded 2001 founder kevin hartz alan braverman headquarters san francisco california united states key people roelof botha chairman john kunze ceo products financial services number of employees 300 2015 parent paypal 2015 present website https www.xoom.com xoom corporation also xoom a paypal service is a digital money transfer or remittance provider that allows consumers to send money pay bills and reload mobile phones from the united states to 52 countries including china india guyana pakistan mexico and the philippines . the company was founded in 2001 is based in san francisco ca and has an office in guatemala city guatemala . xoom was an independent publicly traded company and was initially backed by venture firms including sequoia capital new enterprise associates svb capital and fidelity ventures . 1 on july 1 2015 paypal announced that it intended to spend 25 a share in cash or about 1.09 billion to acquire xoom corporation . 2 the deal closed in november 2015 . 3 contents 1 money transfer services 2 xoom mobile reload 3 xoom bill pay and deposit features 4 awards 5 third party certifications 6 funding 7 industry reviews 8 acquisition by paypal 9 see also 10 references 11 external links money transfer services edit xoom provides worldwide money transfer services . the company offers a way to securely send money pay bills and reload phones through a mobile app as well as a desktop and mobile site . xoom sends money for cash pickup home delivery or bank deposit to many countries . consumers pay for xoom money transfers using funds from their u.s. bank account credit card or debit card . the money transfers are paid out in either u.s. dollars or in local currency . 4 xoom mobile reload edit customers can use xoom to recharge prepaid mobile phones in select countries . xoom bill pay and deposit features edit customers can use xoom to pay electricity telephone gas and more bills in select foreign countries . with the xoom bank deposit service consumers can send money directly to bank accounts in various countries and the company also offers cash pickup services to select foreign countries as well . some countries also offer home delivery services . citation needed awards edit this section needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . june 2016 learn how and when to remove this template message telly awards 2014 silver award heroes de blanco y rojo olimpiadas londres hispanic category 2014 bronze award better way s pony commercial hispanic category 2014 bronze award noong unang panahon in the olden days ; filipino american market category regional tv & multi market cable financial services non bank 2014 bronze award no more hooky ; filipino american market category local tv & local cable use of humor 2014 bronze award no morehooky ; filipino american market category regional tv & multi market cable use of humor 2013 bronze award captain xoom ; filipino american market category regional tv & multi market 2012 bronze award better way ; filipino american market category regional tv & multi market association of national advertisers ana 2012 ana s multicultural excellence awards grand prize for hispanic category third party certifications edit xoom is certified by truste as a licensee of the truste privacy seal program is an accredited business of the better business bureau and operates its website using the verified by verisign seal . 4 funding edit on september 28 2007 xoom closed a first e series round of financing for 20 million . 5 on march 25 2010 xoom closed an f series round of financing for 33 million . 6 the company went public on february 15 2013 . 7 industry reviews edit in june 2010 xoom was cited in a study by the inter american dialogue of 79 remittance service providers as having the highest consumer satisfaction ratings in transparency of the fee transparency of the foreign exchange and value . 8 in march 2011 and in september 2012 xoom was listed in the wall street journal s annual next big thing list list of the 50 most promising venture backed companies . 9 10 in october 2012 in a follow up survey by the inter american dialogue of 51 remittance service providers for the us to latin america market xoom received the top score using a variety of factors including countries served fees fx network and inclusiveness . 11 acquisition by paypal edit on july 1 2015 paypal announced that it planned to acquire xoom corporation . paypal intended to spend 25 a share in cash to acquire the publicly traded xoom or about 1.09 billion . the deal closed in november 2015 . the move strengthened paypal s international business giving it access to xoom s 1.3 million active u.s. customers that sent about 7 billion in the 12 months ending on march 31 2015 to people in 38 countries . 3 see also edit sequoia capital references edit investor relations . retrieved 16 june 2015 . paypal acquires xoom for stake in digital money transfers . nytimes . retrieved 1 july 2015 . a b paypal xoom deal now official . pymnts.com . 2015 11 13 . retrieved 2016 06 07 . a b money transfer send money online xoom . retrieved 16 june 2015 . marshal matt 28 september 2007 . xoom money transfer site raises 20m more . venturebeat . retrieved january 15 2011 . sequioia capital . techcrunch . 25 march 2010 . retrieved january 3 2013 . eric savitz february 15 2013 . xoom ipo prices at 16 above projected range then spikes . forbes . orozco manuel 10 june 2010 . a scorecard in the market for money transfers trends in competition in latin america and the caribbean . inter american dialogue . archived from the original on july 28 2011 . retrieved january 14 2011 . debaise colleen 10 march 2011 . the top 50 venture backed companies . wall street journal . retrieved march 10 2011 . zoran basich 27 march 2012 . looking for the next big thing ranking the top 50 start ups . wall street journal . retrieved january 3 2013 . orozco manuel 24 october 2012 . the market for money transfers ranking of remittance service providers in latin america and the caribbean . inter american dialogue . archived from the original on december 3 2013 . retrieved january 3 2013 . external links edit xoom.com official website xoom cash pickup locations xoom bill pay xoom mobile reload v t e payment service providers align commerce billdesk braintree chase paymentech citrus pay clinkle cng processing a s dwolla flattr instamojo klarna netbanx neteller ogone onevu oxigen services passport paydirect payoneer paypal paypoint paysafe group paytm payzone poli payments propay qiwi red dot payment skrill sleekpay square stripe timesofmoney versapay vmoney vpay wepay wirecard worldnet tps worldpay xfers xoom yandex.money yapstone category list retrieved from https en.wikipedia.org w index.php title xoom corporation & oldid 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