The company was originally established by Max Levchin, Peter Thiel, and Luke Nosek in December 1998 as Fieldlink. Later it was renamed Confinity,[9] a company which developed security software for hand-held devices.[10] When it had no success with that business model, it switched its focus to a digital wallet.[11] The first version of the PayPal electronic payments system was launched in 1999.[12]
In March 2000, Confinity merged with X.com, an online financial services company founded in March 1999 by Elon Musk, Harris Fricker, Christopher Payne, and Ed Ho.
Musk founded a company that merged with the company that invented PayPal.
Is there a Canadian version of paypal that works the same way? I was searching but couldn’t find one and ever since AI came around my business shrank to almost nothing. Also, other than having an old nearly defunct facebook account, what $ would I be unwittingly giving to Zuckerberg? Serious and naïve question.
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Aren’t there alternatives to Paypal, like Wise and Revolut?
Germany tries to make one every two years. The newest one is called Wero/kwitt
Ah, I should have read down further. I’ll look those up.
I actively boycott Zuckerberg’s offerings bar WhatsApp coz the bastard bought it out from under us. Fuck him, fuck Meta
Agreed, though I don’t think Thiel is involved in Paypal anymore.
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PayPal was not founded by Musk
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Please actually read the article
Musk founded a company that merged with the company that invented PayPal.
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Is there a Canadian version of paypal that works the same way? I was searching but couldn’t find one and ever since AI came around my business shrank to almost nothing. Also, other than having an old nearly defunct facebook account, what $ would I be unwittingly giving to Zuckerberg? Serious and naïve question.
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Not quite but credit cards and Interac e-Transfer.