PayPal Acquires Bill Me Later

Announced October 6, 2008 — $945M

What happened

Bill Me Later (later PayPal Credit) was an online payments company offering transactional credit to shoppers at thousands of merchants.

PayPal's acquisition history

2nd of 27 tracked deals

Disclosed prices

15 of 27 PayPal deals

PayPal's average disclosed price

$879.9M

PayPal's largest disclosed deal

Honey ($4B)

Tracked acquisitions in 2008

75 across all acquirers

PayPal in Online transactional credit / e-commerce financing

1 acquisition

When did PayPal acquire Bill Me Later?

PayPal acquired Bill Me Later on October 6, 2008. This was PayPal's 2nd publicly tracked acquisition out of 27 we have on record.

How much did PayPal pay for Bill Me Later?

PayPal paid $945M for Bill Me Later.

What does Bill Me Later do?

Bill Me Later (later PayPal Credit) was an online payments company offering transactional credit to shoppers at thousands of merchants.

What other Online transactional credit / e-commerce financing companies has PayPal acquired?

Bill Me Later is PayPal's only publicly tracked acquisition in Online transactional credit / e-commerce financing so far.