About Paypal Credit
Paypal Credit is a Financial Services company based in Lutherville Timonium (United States) founded in 2000, and was acquired by eBay in October 2008. It provides purchase financing options to consumers. Paypal Credit has raised $100 million across 3 funding rounds from investors including Amazon, eBay and Azure Capital Partners. The company has 16,800 employees. Its website billmelater.com draws about 90 thousand monthly visits. Paypal Credit offers products and services including PayPal Credit, PayPal Debit Card, Invoicing, and Payment Links. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its legal entity is PAYPAL, INC. Its competitors include Affirm, Sunbit and Snap Finance; 3 of its 3 listed competitors have raised funding.
Company details
Paypal Credit (f.k.a Bill Me Later) is a provider of payment and marketing technology solutions to multi-channel retailers. It offers PayCapture, a set of credit tools and Bill Me Later that enables customers to pay for purchases without providing credit card information. The company allows users to increase their credit line as they continue to make purchases and get access to special offers, such as six months special financing. It provides services for Comenity Capital Bank, the lender of PayPal Credit accounts.
- Headquarters Lutherville Timonium, United States
- Employees 16,800
- Stage Acquired
- SectorsFinancial Services
- Website billmelater.com
- Social LinkedIn X
- Acquired by eBay (Oct 2008)
- Legal Name Paypal, Inc.
Products & Services of Paypal Credit
Paypal Credit offers a comprehensive portfolio of products and services, including PayPal Credit, PayPal Debit Card, Invoicing, and Payment Links.
Reusable credit line for deferred payments on eligible purchases.
Card for accessing and spending PayPal balance securely.
Platform for creating and sending business invoices online.
Tools to generate links for accepting online payments.
Funding Insights of Paypal Credit
Paypal Credit has successfully raised a total of $100M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $100M
- Total Rounds 3
- First Round $27.4M
(Mar 2006)
- Investors Count 5
All 3 funding rounds of Paypal Credit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2007 | Series A | – | – | ||
| Jun 2007 | $72.6M | Series A | – | – | – |
| Mar 2006 | $27.4M | Series A | – | – |
6 investors in total: 6 institutional.
Investors in Paypal Credit
Paypal Credit has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Amazon, eBay and Azure Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are targeted by Azure Capital Partners. | 2000 | azurecap.com | San Francisco, United States | |
| cpvp.com | ||||
Venture capital funding is provided to early-stage companies. | upfront.com | Los Angeles, United States | ||
Multi-category products are offered through an online marketplace. | 1994 | amazon.com | Seattle, United States | |
Provides alternative investment management services as a SEC-regulated advisory firm. | 1983 | kingdon.com | New York, United States | |
Multi-category consumer products are sold via an online marketplace platform. | 1995 | ebay.com | San Jose, United States |
Investor details for Paypal Credit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Paypal Credit
1072 people are tracked at Paypal Credit (372 in leadership, 11 in board & advisors, 689 in team); the tracked headcount is 16,800.
| Name | Role | Group |
|---|---|---|
Alli Comeau | Head Of Partnership Marketing | Leadership |
Eugenio Piccolo | Senior Partner Success Manager | Leadership |
Kc Sin | Head Of International Compensation And Regulatory Compensation Lead | Leadership |
Kerri Warner | Head Of Employee Communications, Culture & Engagement | Leadership |
John Verdi | Senior Director, Global Privacy (legal) | Leadership |
Michele Hungerford | Director, Automation & Technology Business Program Management | Leadership |
Mike Peterson | Director Of Finance, Technology | Leadership |
Sylvia Wood | Senior Director | Leadership |
Rhodri Jones | Head Of Legal, Paypal UK Ltd | Leadership |
Nath Parameshwaran | Director, Corporate Affairs, India And South Asia | Leadership |
Brian Heffernan | Director Data Science | Leadership |
Reese Haydon | Senior Director, Head Of Executive Talent & Learning | Leadership |
Alexandra Hughmanick | Relationship Manager, Channel Partner Marketing | Leadership |
Karen Kaskel | Executive Assistant To Svp, Chief Communications And Corporate Affairs Officer | Leadership |
Ravi Retineni | Director, Data Engineering And Architecture | Leadership |
Elizabeth Casey | Head Of Social Marketing | Leadership |
Ramesh Murugan | Senior Director, Employee Technology & Experiences | Leadership |
Sarah Deaton | Retired, Vice President, Global Customer Support: Global Brands, Latam & Enablement | Leadership |
Srini Venkatesan | Executive Vice President And Chief Technology Officer | Leadership |
Senthil Vellaichamy | Senior Director Of Engineering | Leadership |
1052 more people are available in the full profile.
Complete people profiles for Paypal Credit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Paypal Credit
4 dated milestones of Paypal Credit across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Paypal Credit is founded.
- Funding First funding round of $27.4M.
- Funding Latest funding round, Series A,.
- Exit Acquired by eBay.
Competitors of Paypal Credit
Paypal Credit has 3 listed competitors in our database, 3 of them funded. They include Affirm, Sunbit and Snap Finance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| affirm.com | 2012 | San Francisco, United States | $1.23B | 2,171 | Point-of-sale financing is facilitated via an online installment payment platform. | |
| sunbit.com | 2016 | Los Angeles, United States | $158.63M | 128 | Point-of-sale financing is facilitated via an online platform for retailers. | |
| snapfinance.com | 2012 | Salt Lake, United States | $30.09M | 621 | Merchandise financing is offered through partner stores. |
Detailed competitors of Paypal Credit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Paypal Credit
The website of Paypal Credit (billmelater.com) receives about 90.3K visits a month.
- Monthly visits90.3K
▼ 1.5% vs previous month
Websites whose visitors overlap most with Paypal Credit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
billmelater.ebay.com | billmelater.ebay.com | 100% | – | ||
| paypal.com | 97% | 487.9M | #58 | View details | |
paypal-promo.com | paypal-promo.com | 76% | – | ||
myaccountaccess.com | myaccountaccess.com | 69% | #11,873 | – | |
citicards.com | citicards.com | 69% | #221,334 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 32 similar websites and full traffic analytics for Paypal Credit
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 32 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
3 companies that operate in the same segment as Paypal Credit (Alternative Lending) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | 1,487 |
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Related news about Paypal Credit
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Frequently Asked Questions about Paypal Credit
Paypal Credit was founded in 2000 and raised its 1st funding round 6 years after it was founded.
Paypal Credit is headquartered in Lutherville Timonium, United States. It is registered at Lutherville Timonium, Maryland, United States.
Paypal Credit is a funded company, having raised a total of $100M across 3 funding rounds to date. The company's 1st funding round was a Series A of $27.4M, raised on Mar 2006.
Paypal Credit has 16,800 employees.
Paypal Credit (f.k.a Bill Me Later) is a provider of payment and marketing technology solutions to multi-channel retailers. It offers PayCapture, a set of credit tools and Bill Me Later that enables customers to pay for purchases without providing credit card information. The company allows users to increase their credit line as they continue to make purchases and get access to special offers, such as six months special financing. It provides services for Comenity Capital Bank, the lender of PayPal Credit accounts.
Paypal Credit's top competitors include Sunbit, Snap Finance and Affirm.
Paypal Credit offers PayPal Credit, PayPal Debit Card, Invoicing, and Payment Links.
Paypal Credit has 6 investors. Key investors include Amazon, eBay, Azure Capital Partners, Crosspoint Venture Partners, and Upfront Ventures.
Paypal Credit operates through Paypal, Inc..
Yes. Paypal Credit was acquired by eBay in October 2008.