The former subsidiary of eBay has definitely come into its own in its past five years of independence. Poised to reap the benefits of consumers’ growing reliance on digital payments, PayPal has excelled during the coronavirus pandemic, growing revenues nearly 20% in the first three quarters of the year—exceeding even its average three-year growth rate of 18%. Now one of the largest small-business lenders, PayPal is also expanding its offerings to include buying and selling cryptocurrency, both through its flagship product and its peer-to-peer payments app, Venmo.

Yichuan Cao—NurPhoto/Getty Images

Company Information

As of 2/1/2023
Country
U.S.
Headquarters
San Jose
Industry
Consumer Credit Card and Related Services
CEO
Daniel H. Schulman
Company Type
Public
Ticker
PYPL
Revenues ($M)
$27,053
Profits ($M)
$2,299
Market Value ($M)
$90,165
Employees
30,900
Figures are for the latest twelve months ended Sept. 30, 2022. Market value as of Jan. 20, 2023. Sources: Bloomberg; S&P Global.

Future 50
As of 12/3/20

Overall Score
2
Sector
Information Technology

Historical Data

YearRevenues ($M)Profits ($M)
2019$16,342$2,510
2018$14,525$2,037
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