Fueled by a fundamental belief that having access to ﬁnancial services creates opportunity, PayPal (Nasdaq: PYPL) is committed to democratizing ﬁnancial services and empowering people and businesses to join and thrive in the global economy. Their open digital payments platform gives PayPal's nearly 200 million active account holders the conﬁdence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and ﬂexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.
Industry: Financial Services
Product Area: Operations
Challenge: Legacy System Innovation