Wiki90: 90s Style Encyclopedia on the Web
In this article, we will explore the impact of Xoom Corporation on today's society. For decades, Xoom Corporation has been a topic of great interest to researchers, academics and experts in the field. Over time, Xoom Corporation has played a fundamental role in various aspects of everyday life, influencing politics, economics, culture and technology. Through deep and detailed analysis, we will examine how Xoom Corporation has shaped and transformed the way we think, act and live. Additionally, we will explore the future implications of Xoom Corporation in a constantly changing and evolving world.
This article contains content that is written like an advertisement. (June 2023) |
Company type | Money transfer |
---|---|
Industry | Banking |
Founded | 2001 |
Headquarters | San Francisco, California, U.S. |
Services | electronic funds transfer remittance provider |
Parent | PayPal, Inc. |
Website | xoom |
Xoom Corporation (also known as Xoom, a PayPal Service) is an electronic funds transfer and remittance provider.
Xoom Corporation was founded in 2001 and has its headquarters in San Francisco, California.
In June 2010, Xoom was cited in a study by the Inter-American Dialogue of 79 remittance service providers, as having amongst the highest consumer satisfaction ratings.
In March 2011, and in September 2012, Xoom was listed in the Wall Street Journal's annual "Next Big Thing List" list of the 50 most promising venture-backed companies.
In October 2012, in a follow-up survey by the Inter-American Dialogue of 51 remittance service providers for the US to Latin America market, ranked Xoom top for fees charged and countries served.
On September 28, 2007, Xoom closed a first E-series round of financing for $20 million. Peter Thiel was an early investor in Xoom Corporation. Xoom went public on February 15, 2013. In November 2015, PayPal acquired Xoom for $25 a share, to a total of about $1.09 billion.