Wallets/xoom
Xoom (PayPal)
0 standards supported
Overview
Xoom (PayPal) is PayPal-owned US-based global money transfer + remittance + PayPal Holdings Inc NASDAQ: PYPL US digital payments parent acquired Jul 1 2015 for ~$890M + one of US's largest mobile-first remittance platforms via PayPal integration + ~1.5M+ annual Xoom customers worldwide 1, United States report.
History
2001 — Xoom Corporation founded in San Francisco distinctive US digital remittance heritage.
2013 — Xoom Corporation NASDAQ IPO under ticker XOOM.
Jul 1 2015 — PayPal Holdings Inc acquires Xoom Corporation for ~$890M distinctive US payments + remittance acquisition.
Ownership & operator
Operating entity: Xoom (PayPal-owned US-based global money transfer + remittance; PayPal Holdings parent).
Major shareholders: PayPal Holdings Inc (NASDAQ: PYPL; US-based global digital payment platform; PayPal + Venmo + Xoom + Honey + Hyperwallet + iZettle parent) fully owned.
Regulators: FinCEN + Federal Reserve + state regulators + national regulators across 160+ countries.
Technical integration
Xoom mobile app (iOS + Android; ~1.5M+ annual Xoom customers worldwide) + xoom.com online + Xoom Visa + Mastercard cards + Xoom integration within PayPal mobile app + PayPal wallet; ACH + SWIFT + FedNow + bank account transfers + cash pickup + mobile wallet transfers.
Implementations & partners
PayPal parent: PayPal (PayPal; NASDAQ: PYPL; US-based global digital payment platform + Xoom + Honey + Venmo parent) + Venmo (Venmo; PayPal-owned US-based P2P mobile wallet).
Major US-based + global money transfer + remittance competitors: Western Union (Western Union; NYSE: WU; US-based global money transfer + remittance operator + retail agent network; world's largest money transfer + remittance network by transaction volume) + MoneyGram (MoneyGram International; US-based global money transfer + remittance operator + retail agent network) + Ria Money Transfer (Ria Money Transfer; Euronet Worldwide NASDAQ: EEFT US-based subsidiary global money transfer + remittance) + Remitly (Remitly; NASDAQ: RELY; US-based mobile-first global money transfer + remittance; ~7.5M+ annual customers) + WorldRemit (Zepz) (WorldRemit Zepz; UK-based mobile-first global money transfer + remittance; ~11M+ annual customers) + Wise (formerly TransferWise) (Wise; UK + global multi-currency account + cross-border transfers) + Cash App (Cash App; Block NYSE: SQ US-based P2P mobile wallet) + Zelle (Zelle; Early Warning Services LLC US bank consortium P2P payment network; ~125M+ US users).
Regulators: FinCEN + Federal Reserve + state regulators + national regulators across 160+ countries.
Status
Active, PayPal-owned US-based global money transfer + remittance + PayPal Holdings Inc NASDAQ:PYPL US digital payments parent acquired Jul 1 2015 for ~$890M + one of US's largest mobile-first remittance platforms via PayPal integration + ~1.5M+ annual Xoom customers worldwide 1, 2.
Sources
- 1 Xoom — official
- 2 Xoom — Wikipedia
- United States report In-corpus:
reports/countries/US-united-states.md
Source
Biography extracted from xoom.md. See matrix.md for standards-support matrix if present.