braintree

  • 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

    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