Xoom Corporation (also known as Xoom, a PayPal Service) is an electronic funds transfer or remittance provider that allows consumers to send money, pay bills and reload mobile phones from the United States and Canada to 131 countries.
| Parent | PayPal, Inc. |
|---|---|
| Website | xoom |
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 Corporation for $25 a share, to a total of about $1.09 billion.
Money Go Xoom:
Xoom is now a member of the PayPal family. We offer you fast, easy, and secure ways to send money, reload phones, and pay bills for family and friends around the world. And now we’re part of PayPal, the global leader in digital payments. Learn more »
Xoom moves your money fast, and keeps your security a top priority. Speed of money transfer service is subject to many factors, including:
Where you can send to
Check back to see our growing list of places you can send money.
What is Xoom and how does it work?
Xoom is a PayPal service that allows you to send money to your friends and family around the world. When using Xoom, you’ll be able to:
- send money to a recipient’s bank account, debit card, or mobile wallet
- send cash for pick up or home delivery
- pay international bills
- reload a prepaid mobile phone
As a member of the PayPal family, Xoom makes your money transfers even safer, allowing you to help your family and friends fast, securely and easily.
No more waiting in lines and filling out paperwork!
How do I start using Xoom?
We’ve put together some key articles to help you get started. You can browse through these suggestions or go back to the Help Center main page.
