# Xoom (PayPal)

> Source: https://docs.barcoder.ai/docs/wallets/xoom
> research date 2026-06-01 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Xoom — official](https://www.xoom.com/)

## 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** <sup>[1][1], [United States report](https://docs.barcoder.ai/docs/payments/US)</sup>.

## 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](https://docs.barcoder.ai/docs/wallets/paypal) (PayPal; NASDAQ: PYPL; US-based global digital payment platform + Xoom + Honey + Venmo parent) + [Venmo](https://docs.barcoder.ai/docs/wallets/venmo) (Venmo; PayPal-owned US-based P2P mobile wallet).

**Major US-based + global money transfer + remittance competitors**: [Western Union](https://docs.barcoder.ai/docs/wallets/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](https://docs.barcoder.ai/docs/wallets/moneygram) (MoneyGram International; US-based global money transfer + remittance operator + retail agent network) + [Ria Money Transfer](https://docs.barcoder.ai/docs/wallets/ria-money-transfer) (Ria Money Transfer; Euronet Worldwide NASDAQ: EEFT US-based subsidiary global money transfer + remittance) + [Remitly](https://docs.barcoder.ai/docs/wallets/remitly-app) (Remitly; NASDAQ: RELY; US-based mobile-first global money transfer + remittance; ~7.5M+ annual customers) + [WorldRemit (Zepz)](https://docs.barcoder.ai/docs/wallets/worldremit) (WorldRemit Zepz; UK-based mobile-first global money transfer + remittance; ~11M+ annual customers) + [Wise (formerly TransferWise)](https://docs.barcoder.ai/docs/wallets/wise) (Wise; UK + global multi-currency account + cross-border transfers) + [Cash App](https://docs.barcoder.ai/docs/wallets/cash-app) (Cash App; Block NYSE: SQ US-based P2P mobile wallet) + [Zelle](https://docs.barcoder.ai/docs/wallets/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** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.xoom.com/ "Xoom — official"
[2]: https://en.wikipedia.org/wiki/Xoom_Corporation "Xoom — Wikipedia"
[us-cro]: https://docs.barcoder.ai/docs/payments/US

- [1] [Xoom — official][1]
- [2] [Xoom — Wikipedia][2]
- <sup>[United States report](https://docs.barcoder.ai/docs/payments/US)</sup> In-corpus: `reports/countries/US-united-states.md`

## Source

Biography extracted from [xoom.md](https://docs.barcoder.ai/source/wallets/xoom). See `matrix.md` for standards-support matrix if present.