US payments company PayPal <PYPL.O> is expanding further in Europe by launching its international money transfers service Xoom in Britain and 31 other countries across the continent.

PayPal launches international money transfer service Xoom across Europe

YouTube was founded by Chad Hurley, Steve Chen and Jawed Karim while they were working for online payment company PayPal

Watch: Did you know YouTube was activated on Valentine's Day?

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PayPal launches international money transfer service Xoom across Europe

Watch: Did you know YouTube was activated on Valentine's Day?