About Business
PayPal Holdings, Inc. is a leading financial technology company that provides online payment platforms to ease payments around the world. Formed in 1998 by Ken Howery, Max Levchin, Luke Nosek, Yu Pan, and other founders, it is based in San Jose, California. The company serves as an alternative to traditional payment methods like money orders and cheques.? PayPal was incorporated in 1998 by its three founders, Max Levchin, Luke Nosek, and Peter Thiel. The company was originally named Fieldlink, but it was later renamed Confonity. After one year of focusing on the electronic payments system, the founders named the company PayPal in 1999.