PayPal Acquires Simility

Announced June 22, 2018 — $120M

What happened

Simility built a machine-learning-powered fraud detection and risk-management platform.

PayPal's acquisition history

20th 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 Machine-learning fraud detection

1 acquisition

When did PayPal acquire Simility?

PayPal acquired Simility on June 22, 2018. This was PayPal's 20th publicly tracked acquisition out of 27 we have on record.

How much did PayPal pay for Simility?

PayPal paid $120M for Simility.

What does Simility do?

Simility built a machine-learning-powered fraud detection and risk-management platform.

What other Machine-learning fraud detection companies has PayPal acquired?

Simility is PayPal's only publicly tracked acquisition in Machine-learning fraud detection so far.