braintree

  • Payments Platform Braintree Raises $35M From NEA, Accel To Take On PayPal And Square

    Payments Platform Braintree Raises $35M From NEA, Accel To Take On PayPal And Square

    Braintree, an online payments gateway provider for online and mobile platforms, has raised $35 million in Series funding led by New Enterprise Associates (NEA) with participation from existing investors including Accel Partners, RRE Ventures and Greycroft. This brings Braintree’s total funding up to $70 million. Read More

  • Braintree’s Payments Platform Launches Across Europe And Canada

    Braintree’s Payments Platform Launches Across Europe And Canada

    As promised earlier this summer, the Accel-backed payments platform Braintree is opening up its doors to non-U.S. merchants for the first time, with the launch of its service across Europe and in Canada. As of today, merchants in 27 countries can access the company’s payment gateway, recurring billing, and vault credit card storage features. They will also be able to accept payments… Read More

  • Online Payments Service Braintree Acquires Social Payments Startup Venmo For $26.2M

    Online Payments Service Braintree Acquires Social Payments Startup Venmo For $26.2M

    It’s a busy day in the mobile payments world and it’s about to get busier: according to the New York Times, Braintree, the startup that powers the credit card payments systems of companies like OpenTable, Fab.com, AirBnB and Uber, just acquired Venmo, a company that lets you make and share payments your friends, for $26.2 million. Venmo’s investors include Accel… Read More

  • Accel-Backed Payments Gateway Provider Braintree Goes International With Expansion Into 30 New Countries

    Accel-Backed Payments Gateway Provider Braintree Goes International With Expansion Into 30 New Countries

    E-commerce and m-commerce payments platform Braintree has major news today: it’s expanding operations outside of the U.S. and will now become available to thirty additional countries worldwide. The new international offering will operate in a private beta period over the next few months and will then launch publicly in the third quarter of 2012. Braintree powers and automates… Read More

  • Braintree Wants To Make It Easier For Developers To Integrate Online Payments

    Braintree Wants To Make It Easier For Developers To Integrate Online Payments

    Braintree, an online payments gateway provider, is hoping to make it easier for developers to start integrating payments immediately. For background, Braintree powers and automates online and mobile payments for merchants and companies online. The company provides a merchant account, payment gateway, recurring billing, credit card storage, support for mobile and international payments, and… Read More

  • Braintree Extends Merchant Payments To Mobile Apps

    Braintree Extends Merchant Payments To Mobile Apps

    Braintree, an online payments provider, is debuting a set of new tools for mobile app developers that allow merchants to accept payments within a mobile app, rather than through a web browser. For background, Braintree powers and automates online payments for merchants and companies online. The company provides a merchant account, payment gateway, recurring billing, credit card storage… Read More

  • Capital One Co-Founder Invests In Online Payments Company Braintree

    Capital One Co-Founder Invests In Online Payments Company Braintree

    Braintree, an online payments provider, is announcing that Capital One co-founder Nigel Morris has joined the company’s board of directors and invested in the company following a $34 million investment from Accel Partners earlier this year. Braintree essentially powers and automates online payments for merchants and companies online. The company provides a merchant account, payment… Read More

  • Accel EIR Steps In As CEO Of Online Payments Platform Braintree

    Accel EIR Steps In As CEO Of Online Payments Platform Braintree

    Braintree, an Accel-backed online payments provider, is announcing a new CEO today—payments exec Bill Ready. In July, Ready joined Accel as an Executive in Residence to bring his payments expertise to the firm’s portfolio companies and investment strategy. Braintree, which just raised $34 million from Accel Partners, essentially powers and automates online payments for merchants… Read More

  • Online Payments Platform Braintree Processing $8 Million Per Day

    Online Payments Platform Braintree Processing $8 Million Per Day

    Braintree, an Accel-backed online payments provider, announced that it now is processing more than $8 million in online credit card payments daily, which is 268 percent of the same quarter of last year. The company is on track to process more than $3 billion in 2011. Braintree, which just raised $34 million from Accel Partners, essentially powers and automates online payments for merchants… Read More

  • Accel Puts $34 Million In Online Payments Platform Braintree

    Accel Puts $34 Million In Online Payments Platform Braintree

    It’s no secret that Accel is making major investments in the online payments space, funding both Wonga and e-payments company Yapstone. And today the venture firm is announcing a $34 million Series A investment in Chicago-based online payments company Braintree. Accel partner Ryan Sweeney will be joining Braintree’s board. Braintree essentially powers and automates online payments… Read More