braintree

  • 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