braintree

  • Larry Page-backed asteroid mining company launches CubeSat with experimental water detection tech

    Larry Page-backed asteroid mining company launches CubeSat with experimental water detection tech

    Planetary Resources, the space mining company backed by Google’s Larry Page and Braintree founder Bryan Johnson, has taken another step in its quest to actually mine resources from asteroids and other planetary bodies. The company successfully launched its Arkyd-6 CubeSat, which is holding an experimental technology designed to detect water resources in space. Read More

  • PayPal shares up 7% after better-than-expected earnings

    PayPal shares up 7% after better-than-expected earnings

    PayPal, the payments company, posted first-quarter earnings results after the bell on Wednesday. After surpassing analyst estimates with an adjusted 44 cents per share, compared to the 41 cents that many were predicting, shares rose 7 percent in initial after-hours trading. Net income was $384 million, up 5 percent from last year. Read More

  • PayPal continues to see strong revenue growth

    PayPal continues to see strong revenue growth

    PayPal reported fourth quarter earnings after the bell on Thursday, and they were just what investors were expecting. The stock was flat in initial after-hours trading. Revenue came in at $2.98 billion, which is on par with analyst estimates and a 17% increase from last year. Adjusted earnings per share was 42 cents, which is also what Wall Street was forecasting. Total payment volume was… Read More

  • PayPal ramps up mobile payments business

    PayPal ramps up mobile payments business

    PayPal reported third quarter earnings after the bell on Thursday. The global payments company reported an 18% increase in revenue at $2.67 billion, when analysts were expecting $2.65 billion. Adjusted earnings per share stood at 35 cents, in line with Wall Street expectations. However, some investors were disappointed to see that PayPal missed on total payment volume, a metric of total… Read More

  • Bryan Johnson invests $100 million in Kernel to unlock the power of the human brain

    Bryan Johnson invests $100 million in Kernel to unlock the power of the human brain

    Earlier this year, former Braintree founder Bryan Johnson publicly announced his plans to forge Kernel, a company with the sole purpose of building hardware and software to augment human intelligence. Today, Johnson is investing $100 million of his own money into the concept, looking to rapidly double the size of his team, shore up a portfolio of intellectual property and prepare for animal… Read More

  • Dooze is an alarm clock with consequences

    I’m not a morning person and the snooze button on my alarm clock regularly gets a workout. If you suffer from the same issue (and own an Amazon Echo or similar Alex-enabled device), then maybe Dooze is for you. Jade Feng, Junshu Okamoto and Muhammed Gü built the project during our Disrupt SF Hackathon this weekend. It gives you a strong incentive to avoid your snooze button because… Read More

  • You can now use Venmo to pay for things inside other apps

    You can now use Venmo to pay for things inside other apps

    In January Venmo announced that users will soon be able to use Venmo to pay inside other apps, similar to how most e-commerce apps already offer PayPal or Apple Pay as payment options. And now (well, technically tomorrow) the feature is leaving beta and will be available to all Venmo users. The feature will make it easy for anyone with Venmo to quickly pay in other apps. Users will first… Read More

  • PayPal’s Braintree Auth launches to bring its payments platform to more merchants, service providers

    PayPal’s Braintree Auth launches to bring its payments platform to more merchants, service providers

    Following yesterday’s news of Square’s entry into the online checkout space, the PayPal-owned payments platform Braintree today announced the launch of Braintree Auth. The system lets e-commerce platforms give their merchants easier ways to enable payments on their online storefronts. It also lets service providers access customer and transaction data on merchants’ behalf. Read More

  • PayPal makes money every time you use Uber, Airbnb

    PayPal has been going through some big changes since separating from eBay last year. The company recently introduced a redesigned app and is now monetizing its popular peer-to-peer payments app, Venmo. Already with 18 million users, PayPal is expanding its One Touch checkout to 120 new countries. Read More

  • Venmo Halts New Developer Access To Its API

    Venmo Halts New Developer Access To Its API

    This is not how you run a platform. Developers remember. Pull the rug out from under them once, and they’ll be reluctant to stand with you in the future. So despite having a record-setting January with $1 billion transferred in its peer-to-peer payments app, Venmo just shot itself in the foot. After six years of providing an API for developers to build experiences atop its money… Read More

  • How Venmo Won In One Of The Most Crowded Spaces In Tech Crunch Network

    How Venmo Won In One Of The Most Crowded Spaces In Tech

    Seamless peer-to-peer mobile payments have been considered inevitable for quite a while. And for good reason: One experience figuring out the bill at a group dinner party or splitting the cost of a wedding gift and you understand the headache that can be caused by friends dealing with money. Who wants to deal with cash or checks when you can send money in a tap? Read More

  • Braintree To Break $50B In Payment Volume In 2015, Now Has 154M Cards On File

    Braintree To Break $50B In Payment Volume In 2015, Now Has 154M Cards On File

    As Apple Pay continues its expansion to more retailers and payment providers (most recently, it appears, in-store at Best Buy), and Stripe continues its expansion march, another one of the big competitors in the payments space is today publishing numbers that underscores how it’s growing, too. PayPal division Braintree, which the payments company acquired in September 2013 for $800… Read More

  • The Payments Tipping Point Will Be In 2015 Crunch Network

    The Payments Tipping Point Will Be In 2015

    Payments are finally cool. And the more than 1,500 payments startups on Angel List that believe they have cracked the code to solve a piece of the payments puzzle attest to this. Given all the noise in the tech community this year with the introduction of technologies like One Touch payments and Apple Pay, you would think that digital payments have taken over the wo Read More

  • Braintree Now Lets Merchants In Europe Sign Up With An Email, A URL And A Blurb

    Braintree Now Lets Merchants In Europe Sign Up With An Email, A URL And A Blurb

    While PayPal continues to work out its frenemy relationship with Apple, and figure out how it will chart its life as a company separate from its owner eBay, its mobile and developer-friendly payments subsidiary Braintree, acquired in 2013 for $800 million, is launching a new service that will let merchants sign up to the platform with only an email address, URL and short company description. Read More

  • eBay And PayPal To Split Into Two Separate Companies

    eBay And PayPal To Split Into Two Separate Companies

    eBay and PayPal are going their separate ways, with the payments company moving out from under the eBay umbrella to form its own, publicly-traded company. The move follows a strategic review conducted by eBay, Inc. and its Board of Directors, and is intended to help both businesses grow faster in their respective markets. The spin-out of PayPal is expected to be complete by the second half… Read More

  • PayPal Enables Bitcoin Transactions For Merchants Selling Digital Goods

    PayPal Enables Bitcoin Transactions For Merchants Selling Digital Goods

    Bitcoin’s momentum among key merchants and platforms on the web keeps accelerating. After hinting at it a few weeks ago when Braintree enabled Bitcoin-based transactions for PayPal developers, the company is now enabling Bitcoin across the PayPal network for merchants of digital goods. The company has expressed interest in bitcoin for a while, with eBay CEO John Donahoe saying in the… Read More

  • PayPal Rolls Out One-Touch Mobile Checkout For Apps

    PayPal Rolls Out One-Touch Mobile Checkout For Apps

    Mobile commerce today is still challenging with complicated checkout flows that see users bouncing between screens, and having to tap out their personal information on tiny screens and keyboards. PayPal today is hoping to change that with the release of a new product called One Touch for merchants and app developers. Read More

  • PayPal Makes Good On Its Braintree Acquisition With Launch Of New Developer Tools, The Braintree v.zero SDK

    PayPal Makes Good On Its Braintree Acquisition With Launch Of New Developer Tools, The Braintree v.zero SDK

    Payments gateway Braintree is making its first significant product announcement since its acquisition by PayPal last year, with the launch of a jointly developed Braintree SDK (software development kit) for developers. The new toolset is being called the “Braintree v.zero SDK” to indicate how it’s been rebuilt from the ground up, and is said to be easier and quicker to… Read More

  • Now At PayPal, Braintree Again Courts Startups By Waiving The First $50K In Processing Fees

    Now At PayPal, Braintree Again Courts Startups By Waiving The First $50K In Processing Fees

    In October 2012, payments company Braintree set aside $2 million from its Series B to court startups to its platform by waiving the processing fees for the first $50,000 in transactions. At the time, the promotion was limited to 1,000 sign-ups. Now a part of PayPal following its acquisition, Braintree is at it again, only this time, that same offer is open to anyone as part of… Read More

  • Amazon’s ‘Login and Pay with Amazon’ Service Challenges PayPal For The Web’s Payment Business

    Amazon’s ‘Login and Pay with Amazon’ Service Challenges PayPal For The Web’s Payment Business

    Amazon launched a service called Login and Pay with Amazon today at Money 2020 that lets partner sites enable a payments button that will compete with PayPal and credit cards for customer checkout. This is a direct blow at one of the bigger third-party payment options that consumers have at checkout and an effort by Amazon to capture a huge chunk of the web’s payment business at… Read More