Emerging Trends and Challenges
FTPartnersResearch-GlobalMoneyTransferTrends
FTPartnersResearch-GlobalMoneyTransferTrends
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PayPal Acquires Xoom for $890 mm<br />
PayPal: Company Overview<br />
Overview<br />
President:<br />
Headquarters:<br />
Dan Schulman<br />
San Jose, CA<br />
On September 30,<br />
2014 eBay announced<br />
plans to spin off<br />
PayPal – eBay <strong>and</strong><br />
PayPal will officially<br />
be two separate<br />
entities trading on the<br />
NASDAQ under the<br />
tickers EBAY <strong>and</strong><br />
PYPL on July 20, 2015<br />
■<br />
■<br />
■<br />
Founded: 1998<br />
PayPal enables individuals <strong>and</strong> businesses to securely,<br />
easily <strong>and</strong> quickly send <strong>and</strong> receive payments online <strong>and</strong><br />
through a broad range of mobile devices<br />
The technology platform is designed to help businesses of<br />
all sizes manage their cash flow, invoice clients <strong>and</strong> pay<br />
bills, <strong>and</strong> to reduce the need for merchants to receive <strong>and</strong><br />
store sensitive customer financial information<br />
PayPal does not charge merchants setup fees <strong>and</strong> offers a<br />
st<strong>and</strong>ard service with no recurring monthly fees; online<br />
processing does not require merchants to purchase<br />
specialized hardware<br />
■<br />
The Company has over 160 mm active registered accounts,<br />
enabling consumers <strong>and</strong> businesses to accept <strong>and</strong> make<br />
payments in more than 100 different currencies<br />
‒ PayPal processes about 11.5 mm payment<br />
transactions daily, representing $624 mm in payments<br />
every single day<br />
■ PayPal reported revenue of $7.9 bn in 2014, growing 19%<br />
from the previous year, with $419 mm in net income<br />
$235 bn<br />
203<br />
4 Billion<br />
162 Million<br />
Source: PayPal website, SEC filings, Capital IQ.<br />
Strong Foundation<br />
Total payment volume in 2014<br />
Markets served by PayPal<br />
Payment transactions processed<br />
Active customer accounts<br />
26%<br />
22%<br />
Growth Momentum<br />
Total payment volume Y-o-Y growth<br />
Payment transaction Y-o-Y growth<br />
19 Million Customers accounts gained in 2014<br />
+10<br />
New markets added in 2014<br />
90
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