PayPal Holdings, Inc. Overview
Company Headquarter: US
Founded: 1998
Workforce: ~18,700
Company Working: PayPal Holdings, Inc. (PayPal) engages in the development of a technology platform for digital payments. PayPal is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Combination of technological innovation and strategic partnerships enables PayPal to create a better way to manage and move money and also offer choice and flexibility to the users to send and receive payments. Its solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant. It manages a two-sided proprietary global technology platform that links customers, which consist of both merchants and consumers, to facilitate the processing of payment transactions. PayPal operates in two segments: transaction revenues and other value-added services. PayPal also enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.
Strategy
· PayPal’s strategy encompasses aiding the business growth through expanding its global capabilities, increasing customer base & scaling and increasing customers’ use of the company’s products and services by addressing their need better; managing and moving money as well as expanding the adoption of solutions by new merchants and consumers
· It also focuses on expanding value proposition, extending strategic partnerships, seeking new areas through international markets around the world and focusing on innovation both in the digital and the physical world



