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 in over 130… → Read More
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 Partners, Greycroft Partners, … → Read More
“Josh paid Aaron $391 for best Coachella weekend ever”. Peer-to-peer payments app Venmo thinks that when you pay someone back for drinks, dinner, or concert tickets, you’re really sharing memories, and your friends will want to see. So today it relaunches its iOS, Android, and BlackBerry apps with a news feed of payments now featured on the homescreen. [Update 6:00 EST: Venmo just published a blog… → Read More
Increasingly, there are apps that let you leave messages, photos, and videos for friends in real places. Now you can leave money as well. Many startups are already adding rewards to check-ins, but social payments startup Venmo is tying check-ins to real money with a new iPhone app called Gifi that is launching today at TC Disrupt.
Venmo is a way to text real money to your friends and broadcast… → Read More
Mobile social payments startup Venmo has some interesting backers and a new iPhone app. The Philadelphia-based company closed $1.2 million in seed funding last May led by RRE Ventures. Other investors include betaworks, Lerer Ventures, Founder Collective, as well as angel investors Dustin Moskovitz (Facebook co-founder), Dave Morin (founder of Path, senior platform manager at Facebook) and Sam… → Read More
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