PayPal's Platform Transition and the Rise of Venmo (2000-2018)

1. Confinity is founded and begins PayPal work

   Dec 1, 1998Labels: Confinity, Digital wallet

   • PayPal
   • Confinity

2. PayPal payment service launches to the public

   Sep 1, 1999Labels: PayPal, Online sellers

   • PayPal
   • PayPal Timeline

3. Confinity and X.com merge into one firm

   Mar 2, 2000Labels: Confinity, X com

   • PayPal
   • PayPal Timeline

4. Company is renamed PayPal, focusing on payments

   Jan 1, 2001Labels: PayPal, Rebranding

   • PayPal
   • X com

5. PayPal completes its initial public offering

   Feb 15, 2002Labels: PayPal, IPO

   • CNN Money
   • PayPal Timeline

6. eBay acquisition makes PayPal marketplace standard

   Oct 3, 2002Labels: eBay, PayPal

   • SEC eBay 10
   • Computerworld

7. eBay adds Bill Me Later to expand credit

   Oct 6, 2008Labels: Bill Me, eBay

   • Fortune
   • PayPal Credit

8. Venmo is founded as mobile-first P2P payments

   Jan 1, 2009Labels: Venmo, Mobile payments

   • Venmo
   • Forbes

9. PayPal opens Adaptive Payments to developers

   Jul 23, 2009Labels: PayPal, Adaptive Payments

   • TechCrunch
   • PayPal Newsroom

10. PayPal launches PayPal Here for in-person sellers

    Mar 15, 2012Labels: PayPal Here, Point-of-sale

    • PayPal Newsroom
    • TechCrunch

11. Venmo publicly launches after extended beta testing

    Mar 21, 2012Labels: Venmo, Public launch

    • Computerworld
    • PaymentsJournal

12. Braintree acquires Venmo, linking P2P and merchants

    Aug 16, 2012Labels: Braintree, Venmo

    • TechCrunch
    • Venmo

13. PayPal completes Braintree acquisition, adding Venmo

    Dec 19, 2013Labels: PayPal, Braintree

    • SEC Filing
    • Venmo

14. PayPal rolls out One Touch to simplify checkout

    Aug 19, 2014Labels: One Touch, PayPal

    • TechCrunch

15. eBay spins off PayPal as independent company

    Jul 17, 2015Labels: PayPal, eBay spin-off

    • Fortune
    • Forbes

16. PayPal launches PayPal.me for easier P2P requests

    Sep 1, 2015Labels: PayPal me, PayPal

    • TechCrunch
    • PayPal

17. PayPal begins enabling Venmo for merchant payments

    Jan 27, 2016Labels: Venmo, Merchant payments

    • Venmo

18. FTC settlement forces Venmo privacy and security changes

    Feb 27, 2018Labels: FTC, Venmo

    • Axios
    • Venmo