PayPal, also known as PayPal Holdings, is a publicly owned company headquartered in the United States. Founded in 1998, it employs approximately 30,970 individuals and reported $33.2B in revenue as of 2025. Functioning in software development, the company operates as an American multinational financial technology enterprise, specifically providing an online payments system that supports online money transfers in a majority of countries.
PayPal successfully moved over $1 billion in intercompany dividend payments between its U.S. and international subsidiaries in two hours as part of a pilot program. On October 8, 2026, the company announced this capability, which utilized its PYUSD stablecoin for the transfers.
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