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 May 2, 2026, PayPal elevated cryptocurrency into one of its three core business segments, signaling a pivotal shift in its corporate strategy. The company now positions crypto alongside traditional payments and merchant services as a foundational pillar for future growth, moving it from an experimental or peripheral offering to a core segment. Previously, on May 1, 2026, PayPal introduced PayPal Store Sync, which connects BigCommerce merchant catalogs to AI shopping tools including Microsoft Copilot, Meta, and Perplexity.
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