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      • Confinity launched its milestone product, PayPal, in late 1999. Confinity merged with X.com, founded by Elon Musk, in March 2000. The merged company became known as X.com because this was thought to be a name with broader long-term potential than Confinity or PayPal.
      en.wikipedia.org/wiki/Confinity
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  2. In March 2000, X.com merged with its fiercest competitor Confinity, a software company also based in Palo Alto which had also developed an easy payment system. The new company was named X.com. [14] Musk was its biggest shareholder and was appointed as its CEO.

  3. Oct 9, 2015 · Both companies launched person-to-person payments toward the end of 1999; "PayPal" was initially the product name of the service launched by Confinity. x.com and Confinity decided to...

  4. Jul 28, 2023 · For example, Musk took an early lead in the online payments war between X.com and its rival, a startup called Confinity that worked out of the same Palo Alto office space.

    • chris@mashable.com
  5. en.wikipedia.org › wiki › ConfinityConfinity - Wikipedia

    Confinity launched its milestone product, PayPal, in late 1999. Confinity merged with X.com, founded by Elon Musk, in March 2000. The merged company became known as X.com because this was thought to be a name with broader long-term potential than Confinity or PayPal.

  6. Jul 10, 2017 · To understand the significance of the URL, you have to dial all the way back to 2000, when Musk’s online financial services company X.com merged with Confinity, which at the time operated a...

  7. This Agreement and Plan of Merger (the " Agreement ") is made and entered into as of March 1, 2000, by and among X.com Corporation, a Delaware corporation (" Acquiror "), Confinity Acquisition Corp., a Delaware corporation (" Merger Sub ") and wholly owned subsidiary of Acquiror, and Confinity, Inc., a California corporation (" Target "). A.

  8. Jul 31, 2023 · Within 2 months, X.com had over 200k signups. In 2000, X.com merged with Confinity Inc. After the merger, there were disagreements around the X.com name.