Emerging Trends and Challenges
FTPartnersResearch-GlobalMoneyTransferTrends
FTPartnersResearch-GlobalMoneyTransferTrends
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PayPal Acquires Xoom for $890 mm<br />
PayPal: Selected Acquisitions<br />
Date<br />
Announce Date<br />
Target<br />
Target<br />
Value EV<br />
Commentary<br />
($ ($ in in mm)<br />
Commentary<br />
03/10/15 $60<br />
PayPal acquired Israeli cyber-security startup, CyActive Security,<br />
for $60 mm<br />
03/02/15 280 Acquired mobile wallet operator Paydiant for $280 mm<br />
12/17/13 na<br />
11/26/13 800<br />
07/17/12 na<br />
07/07/11 240<br />
04/28/11 na<br />
11/07/08 945<br />
Acquired Stackmob, a provider of back-end technology stack for<br />
mobile applications<br />
Under parent company, eBay, PayPal acquired Braintree for<br />
$800 mm<br />
Acquired Card.io, a developer of technology for using mobile<br />
phone cameras to scan credit cards <strong>and</strong> capture relevant<br />
information<br />
Acquired Zong for $240 mm to integrate mobile carrier billing<br />
globally<br />
PayPal acquired Fig Card, a startup that makes a USB stick<br />
merchants can use to accept payments from smartphones<br />
Acquired Bill Me Later for approximately $820 mm in cash <strong>and</strong><br />
$125 mm worth of outst<strong>and</strong>ing options<br />
02/08/08 154 PayPal acquired Fraud Sciences for $169 mm<br />
10/10/05 370<br />
PayPal acquired VeriSign’s Payment Gateway Business for<br />
$370 mm<br />
Source: FT Partners proprietary database, Capital IQ.<br />
92
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