Xoom was founded in 2001 and is headquartered in San Francisco, CA, US
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Sign up for free to see all dataKey People/Management at Xoom
Michael Romero
Senior Director, Mobile Applications
Brent Williams
VP, Payments
Josh Holtzman
Director, Infrastructure Engineering
Xoom Office Locations
Xoom has an office in San Francisco
San Francisco, CA, US (HQ)
425 Market Street, 12th Floor
Xoom Financials and Metrics
Summary Metrics
Founding Date | 2001 |
Total Funding | $116.5 m |
Investors | Sequoia Capital, Fidelity Ventures, DAG Ventures, Northgate Capital, New Enterprise Associates, Glynn Capital Management, Keith Rabois, Anne Mitchell, lilian samartino, Volition Capital, SVB Capital, Richard Kramlich |
In total, Xoom had raised $116.5 m. Xoom is a subsidiary of PayPal
Xoom Revenue
Xoom's revenue was reported to be $159.08 m in FY, 2014 which is a 30.2% increase from the previous period.
Annual
Quarterly
Annual
Annual
Quarterly
| USD | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (79.0k) | 4.0m | 5.2m | 352.0k | 1.8m | 2.1m | (1.3m) | (3.6m) | (19.6m) |
Depreciation and Amortization | 462.0k | 972.0k | 1.6m | 779.0k | 1.6m | 2.7m | 1.2m | 2.4m | 3.5m |
Accounts Payable | 840.0k | 707.0k | 1.6m | 627.0k | 767.0k | 864.0k | 1.7m | 3.1m | 2.4m |
Cash From Operating Activities | (7.0m) | (13.3m) | (21.3m) | 1.3m | 5.8m | (35.6m) | 44.2m | 37.4m | 7.2m |
| USD | FY, 2012 |
|---|---|
Debt/Equity | 0.7 x |
Debt/Assets | 0.4 x |
Financial Leverage | 2 x |
Xoom Operating Metrics
| FY, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | FY, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross Sending Volume | $3.25 b | $1.06 b | $1.61 b | $1.52 b | $5.54 b | $1.58 b | $1.81 b | $1.72 b | $6.86 b | $1.67 b | $1.73 b | $1.93 b |
Transactions | 6.62 m | 2.04 m | 2.58 m | 2.62 m | 9.99 m | 2.90 m | 3.19 m | 3.20 m | 12.76 m | 3.55 m | 3.88 m | 4.26 m |
Active Customers | 776.43 k | 841.82 k | 919.61 k | 997.75 k | 1.06 m | 1.13 m | 1.20 m | 1.22 m | 1.28 m | 1.34 m | 1.38 m | 1.47 m |
Gross Additional Customers | 443.76 k | 543.56 k | 136.41 k | 153.96 k | 118.96 k | 554.54 k | 156.12 k | 157.80 k | 186.27 k |
Xoom Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| BlueKite | January 10, 2014 | $14.90 m |
Xoom Cybersecurity Score
Xoom Online and Social Media Presence
9.94k Twitter followers
Xoom has 9.94k Twitter Followers. The number of followers has increased 1.1% month over month and increased 2% quarter over quarter
Xoom's Trends
Twitter Engagement Stats for @xoom
4.6k
Tweets
323
Following
9.9k
Followers
10
Tweets last 30 days
0.1
Avg. likes per Tweet
10%
Tweets with engagement
Xoom News and Updates
December 21, 2020
Xoom opens remittance corridor to Africa
Xoom, PayPal’s money transfer service, announced that the company’s customers in the US, UK, Canada and Europe can now send secure and convenient money transfers directly to mobile wallets in key markets across Africa with a focus on the underbanked segment.
December 09, 2020
Xoom beings money transfers to mobile wallets in 12 African countries
Xoom, PayPal’s money transfer service, announced that the company’s customers in the US, UK, Canada and Europe can now send secure and convenient money transfers directly to mobile wallets in key markets across Africa with a focus on the underbanked segment.
November 19, 2020
Xoom expands US domestic transfer services to debit cards and bank accounts
Xoom, PayPal’s remittance service, today announced that customers in the U.S. can now send money directly to a recipient’s eligible bank account or debit card.
November 12, 2019
Xoom partners Walmart and Ria for US domestic money transfer service
Xoom, PayPal’s international money transfer service, today rolled out the ability for customers to s...
October 03, 2019
Xoom expands bank deposit service to South Korea
Xoom, PayPal’s international money transfer service, today announced that customers in the U.S., U.K...
July 17, 2019
PayPal-owned Xoom is launching sends from 32 European countries (XOOM, PYPL)
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Payments & Commerce subscribers.
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PayPal-owned digital remittance firm Xoom is launching in 32 markets in Europe, including the UK, Ger…
Xoom Frequently Asked Questions
When was Xoom founded?
Xoom was founded in 2001.
Who are Xoom key executives?
Xoom's key executives are Michael Romero, Brent Williams and Josh Holtzman.
How many employees does Xoom have?
Xoom has 330 employees.
What is Xoom revenue?
Latest Xoom annual revenue is $159.1 m.
What is Xoom revenue per employee?
Latest Xoom revenue per employee is $482.1 k.
Who are Xoom competitors?
Competitors of Xoom include Western Union, Skrill and Remitly.
Where is Xoom headquarters?
Xoom headquarters is located at 425 Market Street, 12th Floor, San Francisco.
Where are Xoom offices?
Xoom has an office in San Francisco.
How many offices does Xoom have?
Xoom has 1 office.
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