NASDAQ: PYPLPaypal Holdings Inc Statistics & Facts
Key PayPal facts
- Founded
- 1999
- Headquarters
- San Jose, California
- Founders
- Ken Howery, Luke Nosek, Max Levchin, Peter Thiel, Yu Pan, Elon Musk
- IPO Date
- 2002-02-15
PayPal User & Transaction Stats
PayPal Revenue & Expenditure
PayPal Operating Expenses by Type
Breaking down PayPal's annual operating expenses by type.
Source:PayPal
Transaction expense
$14.39B
Sales and marketing
$1.81B
Customer support and operations
$1.92B
Technology and development
$2.97B
Transaction and loan/credit losses
$1.68B
General and administrative
$2.06B
PayPal spent $1.809 billion on sales and marketing in 2023, down from $2.257 billion in 2022. [1]
Date: Feb 8, 2024
PayPal Statistics: Venmo Stats
PayPal Stats: Venmo Total Payment Volume
How much money is sent via Venmo every year?
Source:sourceName
TPV
$244.00B
Venmo handled an estimated $244 billion in transactions in 2022. [5]
Date: Jan 10, 2024
PayPal Stats: Venmo Market Share
Venmo vs Cash App's Square and Zelle by number of users.
Source:sourceName
Venmo
90M
Cash App
44M
Zelle
15.1M
Venmo has over 90 million users, higher than Cash App and Zelle combined. [6]
Last Accessed: Feb 17, 2023
PayPal Major Acquisitions
PayPal acquired Honey, the maker of a popular online shopping browser extension, for $4 billion in 2019. [7]
Date: Nov 21, 2020
PayPal acquired Braintree for $800 million in 2013. [8]
Date: Sep 26, 2013
PayPal acquired Xoom in 2015 for $890 million. [9]
Date: Jul 1, 2015
PayPal acquired iZettle for $2.2 billion. [10]
Date: May 18, 2018
PayPal acquired contextual commerce company Modest in 2015. [11]
Date: Aug 19, 2015
PayPal acquired bill pay company TIO Networks for $232 million in 2017. [12]
Date: Feb 16, 2017
PayPal acquired capital solutions company Swift Financial in 2017. [13]
Date: Aug 10, 2017
PayPal acquired Paydiant for $280 million in 2015. [14]
Date: Mar 2, 2015
PayPal Employee Statistics
PayPal Miscellaneous Statistics
71% of online merchants offer the PayPal buy button on their commerce websites. [16]
Date: Feb 1, 2020
Venmo ended 2020 with 70 million active accounts, up from 52 million in 2019. [17]
Date: Feb 4, 2021
eBay acquired PayPal for $1.5 billion in 2002 before spinning it off into an independent company in 2015. [18]
Date: Oct 8, 2020
Sources
1.
PayPal 2023 Annual Report
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001633917/49d5864b-6d04-4c8f-9691-846c1f4e2b1c.pdfDate: Feb 8, 2024
2.
PayPal 2020 Annual Report
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001633917/649f6b82-3897-4940-b9f3-64c0937779aa.pdfDate: Feb 5, 2021
3.
Datanyze
https://www.datanyze.com/market-share/payment-processing--26/paypal-market-shareLast Accessed: Apr 14, 2024
4.
Datanyze
https://www.datanyze.com/market-share/payment-processing--26/Datanyze%20Universe/paypal-market-shareLast Accessed: Dec 11, 2020
5.
6.
7.
8.
eBay
https://www.ebayinc.com/stories/news/paypal-acquires-global-payments-innovator-braintree/Date: Sep 26, 2013
9.
10.
11.
12.
Yahoo Finance
https://finance.yahoo.com/news/paypal-acquires-tio-bill-pay-162146268.htmlDate: Feb 16, 2017
13.
14.
15.
PayPal
https://s201.q4cdn.com/346340278/files/doc_downloads/PayPal-2021-Global-Impact-Report.pdfLast Accessed: Oct 24, 2022
16.
17.
The Motley Fool
https://www.fool.com/earnings/call-transcripts/2021/02/04/paypal-holdings-pypl-q4-2020-earnings-call-transcr/Date: Feb 4, 2021
18.
Company
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