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Seeking Alpha

The PayPal Opportunity
Seeking Alpha
In July 2015, following its spin from eBay, PayPal acquired Xoom.com for $890 million to further strengthen its money transfer capabilities. Both these deals clearly indicate that PayPal has a large commitment to growing its person-to-person franchise.

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Ventura County Star

Ventura County probation officer arrested for child porn
Ventura County Star
Leventhal said online payment processor Xoom.com helped link child pornography to Yahoo accounts, including Schmitt's. While the seller accounts were based in the Philippines, Leventhal said he didn't know for certain where the child pornography was ...

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Xoom Expands to More Than a Dozen Countries
Business Wire (press release)
... consumers to send money, pay bills and send prepaid mobile phone reloads for family and friends around the world in a secure, fast and cost-effective way, using their mobile phone, tablet or computer. The company can be found online at www.xoom.com.

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Business Wire (press release)

ADDING MULTIMEDIA Xoom Launches New Mobile Recharge Service to Singapore
Business Wire (press release)
Plus, Xoom customers don't have to waste time driving to the store and standing in lines since they can instantly recharge their families' phones from their desktops or their mobile phones via the Xoom.com mobile app. “Our Mobile Recharge service is ...

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PayPal Completes Acquisition of Xoom
Business Wire (press release)
... phone, tablet or computer. During the 12 months ended September 30, 2015, Xoom's 1.5 million active customers sent approximately $7.1 billion with Xoom. The company is headquartered in San Francisco and can be found online at www.xoom.com.

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Xoom Launches Money Transfer Service to Singapore
Business Wire (press release)
SAN FRANCISCO--(BUSINESS WIRE)--Xoom Corporation (NASDAQ:XOOM), a leading digital money transfer provider, announced today the launch of its money transfer service to Singapore. Xoom customers can now send money online to bank accounts in ...

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Xoom Adds Instant Mobile Reload to Money Transfer and Bill Pay Services
Business Wire (press release)
Xoom.com is now a complete solution for customers who support loved ones abroad. Our customers can send money to their loved ones, conveniently pay their family's bills, and send a reload instantly to their mobile phones,” added Aitkenhead.

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TechCrunch

PayPal to Acquire Xoom
Business Wire (press release)
SAN JOSE, Calif. & SAN FRANCISCO--(BUSINESS WIRE)--PayPal, Inc. and Xoom Corporation (NASDAQ:XOOM), a digital money transfer provider, today announced a definitive agreement under which PayPal will acquire Xoom for $25 per share in cash or ...
PayPal Agrees to Buy Xoom for $890 MillionTechCrunch
PayPal buys digital money transfer provider XoomVatorNews

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Xoom 101: How Do Xoom Money Transfers Work?
Investopedia
first entered the money transfer scene in 2001. Backed by Sequoia Capital, New Enterprise Associates, SVB Capital and Fidelity Ventures, the international transfer service allows customers to send money online to 31 countries across the globe ...

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Business Wire (press release)

Xoom Announces Touch ID for Mobile Money Transfers
Business Wire (press release)
SAN FRANCISCO--(BUSINESS WIRE)--Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, today announced that it will incorporate Apple's Touch ID technology into their mobile money transfers application. This gives customers ...

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