PayPal Credit Overview
- Year Founded
-
1998
- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$915M
PayPal Credit General Information
Description
Provider of payment and marketing technology services to multichannel retailers. The company offers PayCapture, a set of credit tools; and Bill Me Later that enables customers to pay for purchases without providing credit card information.
Contact Information
Website
www.billmelater.comCorporate Office
- 9690 Deereco Road
- Seventh Floor
- Lutherville Timonium, MD 21093
- United States
Corporate Office
- 9690 Deereco Road
- Seventh Floor
- Lutherville Timonium, MD 21093
- United States
PayPal Credit Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 07-Nov-2008 | $915M | Completed | Generating Revenue | ||
| 7. Later Stage VC | 10-Jan-2008 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 11-Dec-2007 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 22-Aug-2007 | Completed | Generating Revenue | |||
| 4. Debt - General | 11-Dec-2006 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series 3) | 29-Mar-2006 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 27-Mar-2003 | $23M | $23M | Completed | Startup | |
| 1. Early Stage VC | Completed | Startup |
PayPal Credit Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series 4 | ||||||||
| Series 3 | ||||||||
| Series 2 | ||||||||
| Series 1A | 6,106,000 | $0.010000 | $0.43 | $5.4 | $5.4 | 1x | $5.4 | 18.5% |
| Series 1 | 6,431,000 | $0.010000 | $0.43 | $5.4 | $5.4 | 1x | $5.4 | 19.48% |
PayPal Credit Comparisons
Industry
Financing
Details
PayPal Credit Competitors (36)
One of PayPal Credit’s 36 competitors is Alipay (UK), a Corporation company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Alipay (UK) | Corporation | London, United Kingdom | ||||
| PPRO Financial | Private Equity-Backed | London, United Kingdom | ||||
| Money Mover | Formerly Angel backed | Cambridge, United Kingdom | ||||
| Payment Depot | Private Equity-Backed | Orange, CA | ||||
| SafetyPay | Formerly VC-backed | Aventura, FL |
PayPal Credit Patents
PayPal Credit Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-2008201859-A1 | Distributed system for commerce | Active | 02-May-2007 | ||
| AU-2008201859-B2 | Distributed system for commerce | Active | 02-May-2007 | ||
| AU-2008200198-A1 | Method and system for engaging in a transaction between a consumer and a merchant | Inactive | 26-Feb-2007 | ||
| AU-2013203138-A1 | Method and system for engaging in a transaction between a consumer and a merchant | Inactive | 26-Feb-2007 | ||
| AU-2015201479-A1 | Method and system for engaging in a transaction between a consumer and a merchant | Inactive | 26-Feb-2007 |
PayPal Credit Former Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Amazon.com | Corporation | Minority | ||
| Azure Capital Partners | Venture Capital | Minority | ||
| Crosspoint Venture Partners | Venture Capital | Minority | ||
| First Data | Corporation | Minority | ||
| Integral Capital Partners | Growth/Expansion | Minority |
PayPal Credit FAQs
-
When was PayPal Credit founded?
PayPal Credit was founded in 1998.
-
Where is PayPal Credit headquartered?
PayPal Credit is headquartered in Lutherville Timonium, MD.
-
What industry is PayPal Credit in?
PayPal Credit’s primary industry is Other Financial Services.
-
Is PayPal Credit a private or public company?
PayPal Credit is a Private company.
-
What is the current valuation of PayPal Credit?
The current valuation of PayPal Credit is .
-
What is PayPal Credit’s current revenue?
The current revenue for PayPal Credit is .
-
How much funding has PayPal Credit raised over time?
PayPal Credit has raised $766M.
-
Who are PayPal Credit’s investors?
Amazon.com, Azure Capital Partners, Crosspoint Venture Partners, First Data, and Integral Capital Partners are 5 of 9 investors who have invested in PayPal Credit.
-
Who are PayPal Credit’s competitors?
Alipay (UK), PPRO Financial, Money Mover, Payment Depot, and SafetyPay are some of the 36 competitors of PayPal Credit.
-
When was PayPal Credit acquired?
PayPal Credit was acquired on 07-Nov-2008.
-
Who acquired PayPal Credit?
PayPal Credit was acquired by eBay.
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