PayPal Holdings Inc., also known as PayPal, is a publicly owned company headquartered in the US. Founded in 1998, it employs approximately 30,970 individuals. Specializing in software development, the company functions as an American multinational financial technology provider, operating an online payments system that facilitates money transfers across a majority of countries that support such transactions.
On February 8, 2026, Verizon named former PayPal CEO Dan Schulman as its new CEO, with Schulman also bringing Alfonso Villanueva, previously from PayPal, to a top leadership role at Verizon. Previously, on February 7, Uzbekistan took key regulatory steps to enable global digital payment services such as PayPal by updating its personal data legislation, changes designed to remove long-standing legal barriers that have limited the entry and full functionality of international payment platforms in the country. Earlier that day, PayPal announced a significant leadership change, stating Enrique Lores will become its new president and CEO, effective March 1. Lores had served on the PayPal board for nearly five years and held the chair position since July 2024.
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