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REVENUE : US $ 29.77BN ( FY 2023 ) EMPLOYEES : 27,200 CEO : ALEX CHRISS FOUNDED : 1998

PayPal was one of the earliest pioneers to transform electronic money transactions , providing billions with access to an online payment alternative to traditional money orders and checks . Today , it functions much like a payment processor for online vendors too . In January this year , it unveiled six innovations to revolutionise commerce alongside its partner , Venmo . These include the introduction of passkeys to transform the checkout process ; the launch of Fastlane , a one-click guest checkout experience for shoppers ; PayPal Smart Receipts ; an advanced offers platform and a revitalised PayPal app .

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