PayPal Acquires Hyperwallet

Announced June 19, 2018 — $400M

What happened

Hyperwallet operated a platform that let businesses and marketplaces make mass payouts to workers, sellers, and partners globally.

PayPal's acquisition history

19th 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 2018

81 across all acquirers

PayPal in Mass payout platform

1 acquisition

When did PayPal acquire Hyperwallet?

PayPal acquired Hyperwallet on June 19, 2018. This was PayPal's 19th publicly tracked acquisition out of 27 we have on record.

How much did PayPal pay for Hyperwallet?

PayPal paid $400M for Hyperwallet.

What does Hyperwallet do?

Hyperwallet operated a platform that let businesses and marketplaces make mass payouts to workers, sellers, and partners globally.

What other Mass payout platform companies has PayPal acquired?

Hyperwallet is PayPal's only publicly tracked acquisition in Mass payout platform so far.