PayPal was initially established in December 1998 as Confinity, a company that developed security software for handheld devices founded by Max Levchin, Peter Thiel, Luke Nosek, and Ken Howery.
PayPal was initially established in December 1998 as Confinity. A company were Confinity. This company developed security software for handheld devices. These handheld devices were founded by Max Levchin. These handheld devices were founded by Peter Thiel. These handheld devices were founded by Luke Nosek. These handheld devices were founded by Ken Howery.