PayPal Holdings, Inc.
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PayPal Holdings, Inc. is a leading technology platform for digital payments and financial services. The company enables digital and mobile payments on behalf of merchants and consumers worldwide. PayPal's products include its namesake digital wallet, Venmo (peer-to-peer payments), Braintree (payment processing), Xoom (international money transfers), and PayPal Credit. The company processes hundreds of billions of dollars in payment volume annually, serving over 400 million active accounts across more than 200 markets. Originally created as a merger between Confinity and X.com (Elon Musk's financial services company), PayPal was acquired by eBay in 2002 and spun off as an independent company in 2015. Headquartered in San Jose, California, PayPal continues to expand its services into cryptocurrency, buy-now-pay-later, and small business lending.