PayPal, a digital payments company, has made a strategic acquisition to strengthen its position in the fintech industry. This acquisition supports PayPal’s long-term strategy of expanding its services and integrating advanced technologies such as AI-driven solutions and cryptocurrency capabilities. By doing so, PayPal enhances its product offerings, enters new markets, and maintains its competitive edge in the fast-evolving digital finance landscape.
Some Notable acquisitions
- Venmo (January 1, 2014): Peer-to-peer payments.
- Honey (November 20, 2019): Online shopping and discount discovery.
- Braintree (September 26, 2013): Payment gateway and processing.
- Xoom (July 2, 2015): International money transfers.
- iZettle (May 17, 2018): Mobile payments for small businesses.
- Curv (March 8, 2021): Digital asset security (cryptocurrency).
- TIO Networks (February 14, 2017): Bill payment processing.
- Hyperwallet (June 19, 2018): Global payout management.
- Fraud Sciences (January 28, 2008): Fraud detection and prevention.
- Paidy (September 7, 2021): Buy-now-pay-later platform.
List of PayPal Acquisition
S. No. | Acquiree Name | Announced Date | Price |
1 | Paidy | Sep 07, 2021 | $2.7B |
2 | Happy Returns | May 13, 2021 | – |
3 | Curv | Mar 08, 2021 | – |
4 | Honey | Nov 20, 2019 | $4B |
5 | gopay | Oct 01, 2019 | – |
6 | Simility | Jun 21, 2018 | $120M |
7 | Hyperwallet | Jun 19, 2018 | $400M |
8 | Jetlore | May 29, 2018 | – |
9 | iZettle | May 17, 2018 | $2.2B |
10 | Swift Financial | Aug 10, 2017 | – |
11 | TIO Networks | Feb 14, 2017 | $238M |
12 | Modest Inc | Aug 19, 2015 | – |
13 | Xoom | Jul 02, 2015 | $890M |
14 | CyActive | Mar 05, 2015 | $60M |
15 | Paydiant | Mar 02, 2015 | $280M |
16 | Venmo | Jan 01, 2014 | $800M |
17 | StackMob | Dec 17, 2013 | – |
18 | Braintree | Sep 26, 2013 | $800M |
19 | IronPearl | Apr 13, 2013 | – |
20 | Duff Research LLC | Mar 12, 2013 | – |
21 | card.io | Jul 17, 2012 | – |
22 | FigCard | Apr 28, 2011 | – |
23 | Fraud Sciences | Jan 28, 2008 | – |
24 | Confinity | Mar 01, 2000 | – |