braintree

  • 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