Defendant

PayPal, Inc.

1 case as defendant.

Cases
1
Active
1
0 closed
Filed
—
Top venue
W.D. Texas
1 case

Company profile

Company overview. PayPal, Inc. is the principal U.S. operating subsidiary of PayPal Holdings, Inc. (NASDAQ: PYPL), the publicly traded financial-technology company headquartered at 2211 North First Street, San Jose, California. PayPal traces its origins to Confinity, founded December 1998 by Max Levchin, Peter Thiel, and Luke Nosek; it merged with Elon Musk's X.com in 2000, went public in 2002, was acquired by eBay that same year, and was spun off as an independent public company in July 2015. Public sources put headcount in the ~24,000–27,000 range and trailing revenue in the low-to-mid $30 billion range.

Products / services / operations. PayPal operates a two-sided digital payments platform connecting consumers and merchants. Major offerings include the PayPal-branded wallet and checkout, PayPal Credit, Braintree (merchant/gateway processing), Venmo (peer-to-peer payments), Xoom and Hyperwallet (cross-border remittance and payout), Honey (shopping/deals), and Paidy (Japan buy-now-pay-later). It supports funding via bank accounts, balances, cards, and crypto.

Patent-litigation posture. A pure operating company. In the tracked data it appears only as a defendant (0 as plaintiff, 1 as defendant), the classic profile of an operating company targeted rather than a patent asserter. The single tracked suit was filed in the Western District of Texas, a plaintiff-friendly venue, though not the Eastern District of Texas.

Notable case. Honeyman Cipher Solutions LLC v. PayPal, Inc., No. 1:20-cv-00404 (W.D. Tex., filed April 16, 2020, Judge Robert Pitman). Honeyman Cipher is characterized by Stanford's NPE Litigation Database, RPX, and Unified Patents as a non-practicing entity asserting acquired patents. The sole patent-in-suit, U.S. 5,991,399 (issued to Intel in 1999), was assigned to Honeyman Cipher in March 2019 by Plano Encryption Technologies. The complaint concerned PayPal's use of Apple's iTunes Connect and Google's Android Developer Console to distribute mobile apps. PayPal was not required to answer; Honeyman Cipher filed a notice of voluntary dismissal in June 2020, and the court closed the case in July 2020.