MicroPlace - Ownership and Business Overview

Financial ServicesCompany

MicroPlace Ownership

Who owns MicroPlace?

MicroPlace is owned by eBay. It was acquired on April 1, 2007.

MicroPlace Business Overview

Where is MicroPlace headquartered?

MicroPlace is headquartered in San Jose, California.

What sector is MicroPlace in?

MicroPlace is a financial services company.

When was MicroPlace founded?

MicroPlace was founded in 2006.

Financial Services M&A Summary in 2007

Out of 60 sectors in the Mergr database, financial services ranked 4 in number of deals in 2007. The largest financial services acquisition in 2007 was First Data - which was acquired by KKR for $29.0B.

Join Mergr to view all 204 acquisitions of financial services companies in 2007, including 63 acquisitions by private equity firms, and 141 by strategics.

MicroPlace, Inc.

2145 Hamilton Avenue,
San Jose, California 95125
United States,
(866)478-3229
www.microplace.com

MicroPlace, a for-profit company which enables everyday internet users to invest $100 or more in the world’s working poor, launched on Wednesday. The site is notable for two reasons: it’s not only owned by eBay but it’s also the first microfinance site to allow everyday folks to earn interest on their investment.


Company Summary

SECTOR

Financial Services

Established

2006

Subsidiary of

eBay

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