PayPal
Search results
Confinity Inc. was an American software company based in Silicon Valley, best known as the creator of PayPal. It was founded in December 1998 by Max Levchin , Peter Thiel , and Luke Nosek , initially as a Palm Pilot payments and cryptography company.
Confinity is a full-service software development company of engineers, designers, and developers. Mobile app development and custom software solutions in Putrajaya, Kuala Lumpur , Malaysia.
Established in 1998 as Confinity, PayPal went public through an IPO in 2002. It became a wholly owned subsidiary of eBay later that year, valued at $1.5 billion. In 2015 eBay spun off PayPal to its shareholders, and PayPal became an independent company again.
Key developments at PayPal. January 1999 – March 2000. The two companies, Confinity and X.com, that will eventually merge to become PayPal, launch separately and build competing financial products. The first iteration of the PayPal product is released by Confinity in later 1999. March 2000 – July 2002.
Oct 9, 2015 · Peter Thiel's startup was named Confinity, initially intended to create a way to send money between Palm Pilots. Both companies launched person-to-person payments toward the end of 1999; "PayPal ...
Confinity is a noun that means the state of being confined or limited. It is a borrowing from French and has been used since the mid 1500s. See examples, pronunciation, and related words.
Feb 19, 2022 · The origin story starts with two other companies: Confinity, co-founded by Mr Thiel, which planned to build software to beam money between PalmPilots, then must-have devices for businessfolk; and...
