American international financial firm PayPal’s net worth is estimated at $91.25 billion. PayPal is a globally renowned business in the field of online money transfer. PayPal is an American multinational financial institution with a an estimated net worth of $91.25 billion in 2024. It functions as a mediator in order for receiving and paying cash online to customers. It is among the most prominent firms in the industry and everyone has been aware of the people who use the payment app online.
The company mainly provides its services to companies that provide products and services to customers. PayPal began its business in 1998 and, at the moment, was a 100% own subsidiary company of eBay. In the course that ended in the year 2015 PayPal is now an independently-owned business. PayPal has gotten a lot of attention in the past few years, specifically following COVID-19. People are beginning to use it as a method of payment specifically for those doing international transactions.
It offers services to nearly every country that uses the payment system online. The year 2022 is the one in which it will be ranked in the desire Fortune 500 as the largest United States company in terms of revenue during the 2022 years and this company is the first to come to mind in the context of payment system.
What is PayPal’s Net Worth?
American international financial institution PayPal’s total worth is $91.25 billion. PayPal has shown huge growth in its growth, particularly after the spread of Covid-1. The Covid-1 pandemic has allowed the company increase its revenue the terms of revenues. PayPal has generated an estimated net worth of $91.25 billion by 2024. In 2019 the company recorded the total revenue for 2019 totalling $17.772 billion, and earnings at $2.459 billion.
This number grew by 2020, resulting in an overall revenue of $21.454 billion. The price of the company’s stock is currently $91.63 for a single stock which will increase to $308 by 2021. The total market capitalization of the company is currently 91.25 billion in 2023. This amount is anticipated to rise in the next years.
| Name | PayPal |
| Net Worth 2024 | $91.25 Billion |
| Net Worth in Indian Rupees | Rs. 7.30 Lakh Crore |
| Net Income: | $4.428 Billion |
| Revenue | $31.457 Billion |
| Total Assets | $83.511 Billion |
| PE Ratio | 18.94 |
| 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 |
| The number of employees | 30,900 (2021) |
| Numerous locations | 29 |
| Subsidiaries: | Xoom Corporation, Braintree, Zettle by PayPal, Paidy, MORE |
| Website | https://www.paypal.com/in/home |
PayPal Revenue 2024
- PayPal Holdings revenue for the period ending September 30th 2024, was $7.847 Billion.
- PayPal Holdings revenue for the 12 months ended September 30th 2024, was $31.457 Billion.
- The PayPal annual revenue of 2023 is $29.771 billion..
- PayPal’s annual revenue in 2022 stood at $27,518 billion
- PayPal The revenue of 2021 stood at $25.371 Billion
- PayPal Revenues for the year in 2020 was $21.454 Billion
- PayPal The revenue of the PayPal annual report for the year 2019 stood at $17.772 Billion
| PayPal Revenue | Millions of US $ |
|---|---|
| 2024 | $30,430 |
| 2023 | $29,771 |
| 2022 | $27,518 |
| 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 2024
- PayPal Holdings net income for the period ending September 30 2024, was $1.010 Billion.
- PayPal Holdings net income for the 12 months ended September 30th 2024, was $4.428 Billion.
- The annual net profit of PayPal of 2023 is $4.246 Billion
- The PayPal annual net income in 2022 stood at $2.419 Billion
- The annual net profit of PayPal in 2021 stood at $4.169 Billion
- PayPal’s annual net profit in 2020 stood at $4.202 Billion
- PayPal’s annual net income for the year 2019 totaled $2.459 Billion
| PayPal Net Income | Millions of US $ |
|---|---|
| 2024 | $4,339 |
| 2023 | $4,246 |
| 2022 | $2,419 |
| 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 was first created in 1998 when the founding members Max Levchin, Peter Thiel along with Luke Nosek in the name of Confinity. It recently joined the company X.com that was created by Elon Musk, Harris Fricker, and Christopher Payne. The company was founded in 2001. company’s name became PayPal after the involvement of Elon Musk as well as other team members. PayPal first announced it’s IPO for the general public back in 2002. It received a capital investment of $61 million, which is $13 for each share. This was the first time that money was lent by the public to the business.
PayPal began to expand rapidly before it was purchased by eBay for a sum of money in 2002 that included the shareholding of more than 70. PayPal was then the primary method of payment for eBay. In 2010, the company has a large customer base of over 100 million people across 25 countries. And then, PayPal became an independent company.
PayPal Assets 2024
- PayPal Holdings total assets for the September 30, 2018 quarter 2024 stood at $83.511 Billion.
- PayPal All assets in 2023 was $82.166 Billion.
- PayPal Total assets in 2022 totalled $78.642 Billion
- PayPal’s total assets for 2021 totaled $75.803 Billion
- The total assets of PayPal for 2020 was $70.379 Billion
- PayPal All assets in the year 2019 were $51.333 Billion
| PayPal Assets | Millions of US $ |
|---|---|
| 2024 | $83,347 |
| 2023 | $82,166 |
| 2022 | $78,642 |
| 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 has seen significant growth since 1998, when it was rebranded as Confinity. It also has merged with another company, X.com. eBay also bought the company in 2013, however, following the huge growth of PayPal it resigned it from eBay and became a separate business in the year. The directors of the firm have made many changes to the business. In 2015, it bought another company known as Xoom Corporation. The company also has introduced one of the cool features in Paypal that allows customers to pay via either email or text messages, called “PayPal.Me”. The usage for PayPal has also been a big fan of this feature.
In 2018, to increase its business More than one company chose to purchase another of the top payments processors iZettle to the tune of $2.2 billion. It was the first deal that the company had made in the world. In the year 2020, the company bought a huge company in this sector called Honey at a price of $4 billion. The company has recently made acquisitions is Paidy in the amount of $2.7 billion. This is how PayPal has changed through the years of being in this field.
Social Media Accounts
| more than 512K followers | Check Out | |
| Over 362.8K Followers | Check Out | |
| more than 6.6M Followers | Check Out | |
| N/A | N/A | |
| N/A | N/A |
PayPal: Awards and Achievements
PayPal has grown significantly since its entry into the field of online monetary transfers. Users frequently use the application and leave positive reviews about the platform. It has won numerous distinctions and awards throughout many years within this field. It recently climbed to 43rd in the Fortune 500 in 2022.
In 2022, there was a study done in 2022 by Morning Consult, which found that PayPal is the second-most popular brand in the world. PayPal has won over 20 honors from the online business and technology industry. Other accomplishments that PayPal has achieved throughout its time in the business.