PayPal
From WE Computers Museum
This page is about the company that resulted from a merger of the defunct online bank X.com. For the social media company previously named Twitter, see X.
| |
| Paypal | |
| Type | Public |
|---|---|
| Founded | December 1998 (Confinity) March 1999 (X.com) March 2000 (X.com [merged]) March 2000 (PayPal) |
| Headquarters | San Jose, California, USA |
| Key people | Max Levchin (Confinity) Peter Thiel (Confinity) Luke Nosek (Confinity) Elon Musk (X.com) Harris Fricker (X.com) Christopher Payne (X.com) Ed Ho (X.com) |
| Industry | Online money transfer |
| Products | Online money transfer |
| Number of people | 29,900 |
| Website | https://www.paypal.com/ |
PayPal is an online service for payments and money transfers.
Confinity
Confinity was a company that facilitated online payments through Palm Pilot systems. It was founded by Max Levchin, Peter Thiel, and Luke Nosek in December 1998.
X.com
X.com was an online bank founded by Elon Musk, Harris Fricker, Christopher Payne, and Ed Ho in March 1999.
Confinity and X.com Merge
In March 2000, X.com merged with Confinity. The resulting company retained the X.com name. In October 2000, X.com The resulting ceased bank operations.
PayPal
In 2001, X.com became known as Paypal.
