PayPal Net Worth 2023: Assets Income Revenue Founders Ratios

Name	PayPal
Net Worth 2023	$70 Billion
Profession	Financial Technology
Monthly Income And Salary

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PayPal Net Worth, History, Assets, Income, Liabilities, Net Income, Total Employees, and many more details can be checked on this page. PayPal is an internationally well-known company in the field of online money transfers. It is an American multinational financial company with a net worth of $70 Billion in 2023. It is a mediator to receive and pay the money online for the users. It is one of the leading companies in this industry, and people must have heard of those who use the online payment application.

This company serves its services to mostly the vendors who provide the goods or services to their users. PayPal entered this industry in 1998, and at that time, it was the wholly owned subsidiary of eBay. However, in the years of 2015, PayPal has become an independent company. PayPal has gained a lot of popularity in the last couple of years, especially after Covid-19, when people have started to use this as a mode of payment, especially for those who do international transitions.

It provides services to almost all the countries that use the online payment system. In the year 2022, it is also ranked number 143 under the lust Fortune 500 as the largest United States company in terms of its revenue in the years 2022 and now this company comes to mind for the payments. Also check Facebook Net Worth, Apple Net Worth.

PayPal Net Worth

PayPal has been showing massive growth in the company's progress, especially after the Covid-1. This pandemic has helped the company to grow in terms of revenue. PayPal has made a net worth of $70 billion in 2023. In 2019, the company reported total annual revenue of $17.772 billion with earnings of $2.459 billion.

This figure grew in 2020 and made a total revenue of $21.454 billion. The company's stock price has currently traded at $91.63 for one stock, which has also reached $308 in the year 2021. The company's total market capitalization is now $70 billion in 2023. This net worth is expected to increase in the upcoming years.

Name	PayPal
Net Worth 2023	$70 Billion
Net Worth in Indian Rupees	Rs. 7.30 Lakh Crore
Net Income:	$4.075 Billion
Revenue	$28.556 Billion
Total Assets	$74.579 Billion
PE Ratio	17.81
Founders:	Peter Thiel, Max Levchin, Ken Howery, Luke Nosek, Yu Pan
CEO	Dan Schulman ( Jul 2015– )
Headquarters:	San Jose, California, United States
Founded:	December 1998, Palo Alto, California, United States
Number of employees	30,900 (2021)
Number of locations	29
Subsidiaries:	Xoom Corporation, Braintree, Zettle by PayPal, Paidy, MORE
Website	https://www.paypal.com/in/home

PayPal Net Worth Summary

PayPal Revenue 2023

PayPal Holdings revenue for the quarter ending June 30, 2023 was $7.287 Billion
PayPal Holdings revenue for the twelve months ending June 30, 2023 was $28.556 Billion
PayPal Holdings annual revenue for 2022 was $27.518 Billion
PayPal Annual revenue for 2020 was $21.454 Billion
PayPal Annual revenue for 2019 was $17.772 Billion

PayPal Revenue	Millions of US $
2023	$28,556
2022	$27,053
2021	$25,371
2020	$21,454
2019	$17,772
2018	$15,451
2017	$13,094
2016	$10,842
2015	$9,248
2014	$8,025
2013	$6,727
2012	$5,662

PayPal Net Income 2023

PayPal Holdings net income for the quarter ending June 30, 2023 was $1.029 Billion
PayPal Holdings net income for the twelve months ending June 30, 2023 was $4.075 Billion
PayPal Holdings annual net income for 2022 was $2.419 Billion
PayPal Annual net income for 2021 was $4.169 Billion
PayPal Annual net income for 2020 was $4.202 Billion
PayPal Annual net income for 2019 was $2.459 Billion

PayPal Net Income	Millions of US $
2023	$4.075
2022	$2,299
2021	$4,169
2020	$4,202
2019	$2,459
2018	$2,057
2017	$1,795
2016	$1,401
2015	$1,228
2014	$419
2013	$955
2012	$778

PayPal Inception

PayPal first came into existence in the years of 1998 by the founder Max Levchin, Peter Thiel, and Luke Nosek in the name of Confinity. It has recently merged with a company called X.com, founded by Elon Musk, Harris Fricker, and Christopher Payne. In the years of 2001, the name was changed to PayPal by Elon Musk and other team members. The company first launched its IPO to the public in 2002 and raised the capital of $61 million for $13 per share, and it was the first funding from the public to the company.

PayPal started to grow rapidly, and then it was acquired by eBay for an amount in 2002 with a shareholding of more than 70 percent. This payment then became the default payment accepted method for eBay. By 2010, the company gained a massive customer base of Over 100 million users worldwide in 25 different countries, and later, PayPal became an independent company. Also check Microsoft Net Worth.

PayPal Assets 2023

PayPal Holdings total assets for the quarter ending June 30, 2023 were $74.579 Billion
PayPal Holdings total assets for 2022 were $78.717 Billion
PayPal Total assets for 2021 were $75.803 Billion
PayPal Total assets for 2020 were $70.379 Billion
PayPal Total assets for 2019 were $51.333 Billion

PayPal Assets	Millions of US $
2023	$74.579
2022	$78,717
2021	$75,803
2020	$70,379
2019	$51,333
2018	$43,332
2017	$40,774
2016	$33,103
2015	$28,881
2014	$21,917
2013	$19,160
2012	$0

PayPal Evolution

PayPal had grown a lot since 1998 when it became the Confinity. It has also merged with another company called X.com. eBay also acquired it in 2013, but after the massive success of Paypal, it separated from eBay and became an independent company in 2015. The board members of the company have made a lot of changes in the company. In the year of 2015, it acquired another company called Xoom Corporation. The company has also introduced one cool feature in Paypal where the users can require payment through text or emails, and it was named the "PayPal.Me". The use of Paypal has also appreciated this feature.

In 2018, to expand its operation, more than one company decided to acquire another of the leading payment processors, iZettle, for $2.2 billion. It was the first international acquisition that the company made internationally. In 2020, the company acquired another giant company in this field called Honey for $4 billion. One of the company's recent acquisitions with Paidy for $2.7 billion. That is how Paypal has evolved over the years of working in this industry. Also, check Google Net Worth.

Social media Accounts

Instagram	More than 512K Followers	Check Out
Twitter	More than 362.8K Followers	Check Out
Facebook	More than 6.6M Followers	Check Out
LinkedIn	N/A	Check Out
Pinterest	N/A	Check Out

PayPal: Awards and Achievements

PayPal has evolved a lot since its incorporation into the industry of online monetary transfer. People often use this application and give a good feedback about their platform. It has received many awards and achievements over the years in this industry. It has recently become number 143rd on the Fortune 500 in 2022.

In the year 2022, one survey was conducted by Morning Consult, which found that Paypal is the second most trusted brand globally. It has received more than 20 awards from the internet industry and the business community. There are other various achievements that Paypal has got over the years in this industry. You may also like Amazon Net Worth.