Companies Owned by Paypal: Unveiling Their Powerful Portfolio

Companies Owned by Paypal
Companies Owned by PayPal

PayPal is a well-known online payment system. It allows users to send and receive money online. Over the years, PayPal has grown by acquiring other companies. These acquisitions have helped PayPal to expand its services.

Companies Owned by Paypal: Unveiling Their Powerful Portfolio

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Top Companies Owned by PayPal

PayPal owns several companies. Here are some of the most important ones:

Company Name Year Acquired Business Type
Braintree 2013 Payment Processing
Venmo 2013 Mobile Payment
Xoom 2015 Money Transfer
iZettle 2018 Mobile Payment
Honey 2020 Shopping Rewards

Braintree

PayPal acquired Braintree in 2013. Braintree helps businesses process payments. They provide payment solutions for online and mobile payments. Braintree also owns Venmo. This has helped PayPal to grow its mobile payment services.

Venmo

Venmo is a popular mobile payment service. It allows users to send money to friends and family. Users can also pay for goods and services. PayPal acquired Venmo through Braintree. Venmo is very popular among young people. It is known for its social features. Users can share their payments with friends.

Xoom

Xoom is a money transfer service. It allows users to send money to other countries. PayPal acquired Xoom in 2015. This acquisition helped PayPal to expand its international services. Xoom also offers bill payment and mobile reload services.

Izettle

iZettle is a mobile payment company. It offers point of sale solutions for small businesses. PayPal acquired iZettle in 2018. This acquisition helped PayPal to grow its presence in Europe and Latin America. iZettle provides card readers and payment software for small businesses.

Honey

Honey is a shopping rewards platform. It helps users find discounts and deals online. PayPal acquired Honey in 2020. This acquisition helped PayPal to expand its shopping services. Honey also offers a browser extension. This extension finds the best deals for users while they shop online.

Companies Owned by Paypal: Unveiling Their Powerful Portfolio

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Other Companies Owned by PayPal

PayPal owns several other companies. Here are some more examples:

  • Paydiant – A mobile wallet service acquired in 2015.
  • Swift Financial – A small business lending company acquired in 2017.
  • Hyperwallet – A global payout platform acquired in 2018.
  • Simility – A fraud prevention company acquired in 2018.
  • Jetlore – An artificial intelligence company acquired in 2018.

Paydiant

Paydiant is a mobile wallet service. It helps businesses create their own mobile wallets. PayPal acquired Paydiant in 2015. This acquisition helped PayPal to expand its mobile payment services. Paydiant also provides loyalty programs and offers for customers.

Swift Financial

Swift Financial is a small business lending company. It provides loans to small businesses. PayPal acquired Swift Financial in 2017. This acquisition helped PayPal to offer more financial services to small businesses. Swift Financial provides loans, cash advances, and lines of credit.

Hyperwallet

Hyperwallet is a global payout platform. It helps businesses send payments to workers and suppliers. PayPal acquired Hyperwallet in 2018. This acquisition helped PayPal to expand its payout services. Hyperwallet supports multiple currencies and payment methods.

Simility

Simility is a fraud prevention company. It helps businesses detect and prevent fraud. PayPal acquired Simility in 2018. This acquisition helped PayPal to improve its security services. Simility uses machine learning to detect fraud patterns.

Jetlore

Jetlore is an artificial intelligence company. It helps businesses create personalized shopping experiences. PayPal acquired Jetlore in 2018. This acquisition helped PayPal to improve its shopping services. Jetlore uses AI to analyze customer behavior and preferences.

Frequently Asked Questions

What Companies Does Paypal Own?

PayPal owns Venmo, Braintree, and Xoom, among others.

Is Venmo Owned By Paypal?

Yes, PayPal acquired Venmo through its purchase of Braintree.

When Did Paypal Acquire Braintree?

PayPal acquired Braintree in 2013 for $800 million.

Does Paypal Own Xoom?

Yes, PayPal acquired Xoom in 2015 for $890 million.

Conclusion

PayPal owns many companies. These acquisitions have helped PayPal to grow and expand its services. From mobile payments to fraud prevention, PayPal offers a wide range of solutions. These companies have played a key role in PayPal’s success.

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