M&A Deal Summary

PayPal Acquires Curv

On March 8, 2021, PayPal acquired financial services company Curv for 200M USD

Acquisition Highlights
  • This is PayPal’s 4th transaction in the Financial Services sector.
  • This is PayPal’s 9th largest (disclosed) transaction.
  • This is PayPal’s 2nd transaction in Israel.

M&A Deal Summary

Date 2021-03-08
Target Curv
Sector Financial Services
Buyer(s) PayPal
Deal Type Add-on Acquisition
Deal Value 200M USD

Target

Curv

Tel-Aviv, Israel
Curv is a global trusted provider of digital asset security technology that is delivered as a fully scalable, enterprise-grade and compliant cloud service. Curv's multi-party computation (MPC) technology simultaneously provides institutions the protection, instant availability and total autonomy over digital assets required to thrive in the digital economy.

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Buyer(S) 1

Buyer

PayPal

San Jose, California, United States

Category Company
Founded 1998
Sector Financial Services
Employees24,400
Revenue 31.8B USD (2024)
DESCRIPTION
Entrance to PayPal's corporate headquarters in San Jose, California.
Entrance to PayPal's corporate headquarters in San Jose, California.

PayPal enables any business or consumer with email to send and receive online payments securely, conveniently and cost-effectively. The Company's network builds on the existing financial infrastructure of bank accounts and credit cards to create a global payment system and delivers a product well suited for small businesses, online merchants, individuals and others underserved by traditional payment mechanisms. PayPal was founded in 1998 and is based in San Jose, California.


DEAL STATS #
Overall 19 of 21
Sector: Financial Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 19 of 20
Country: Israel M&A 2 of 2
Year: 2021 M&A 1 of 2
Size (of disclosed) 9 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-20 Honey Science

Los Angeles, California, United States

Honey Science Corp. is a tech company building tools to help people save time and money when shopping online. From notifying you when a price drops, to showing you the lowest prices available, Honey provides you with the information that you need to make the best decisions with your money. Honey Science Corp. was founded in 2012 and is based in Los Angeles, California.

Buy $4.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-07 Paidy

Tokyo, Japan

Paidy is a platform for consumers to pay at online stores using only their name and email address. It is optimized for mobile and instant-checkout, Paidy allows consumers to buy online and does not require a credit card or pre-registration. Paidy was founded in 2008 and is based in Tokyo, Japan.

Buy ¥300.0B