A lifelong entrepreneur and respected product innovator with an impressive record of business success on two continents, David Marcus joined PayPal in 2011 to continue working on his long-term vision of digital payment technology that delivers seamless, connected, and convenient experiences at scale.
Born in France, David grew up in Paris and Geneva, and he taught himself to write computer code at age 8. He attended the University of Geneva for a year before dropping out to start his career as an entrepreneur. His first startup was GTN, which he launched in in 1996 when he was 23. GTN grew to become one of Switzerland’s top three alternative telecommunications carriers and it was acquired by World Access in 2000. He then started Echovox, a pan-European mobile media and entertainment company. Echovox served as the foundation for Zong, the company he created in 2008 after he moved to Silicon Valley. Zong introduced an entirely new way for consumers to pay quickly and easily by entering their mobile phone number and charging the payment to their wireless account.
In 2011, Zong was acquired by PayPal and David assumed the role of vice president of mobile, leading the company’s mobile products and business, which included the development and launch of PayPal Here.
David was named PayPal’s president in April 2012. Driven by his belief that the essential foundation for business success is to understand everything through the eyes of customers, he is building on PayPal’s great scale, resources, and technological innovation to deliver products that delight customers and will revolutionize payments by reinventing the shopping experience for businesses and their customers around the globe.