Braintree is the fastest growing payment platform for online and mobile businesses, offering all the tools merchants need to accept payments and provide consumers a frictionless experience at checkout. Braintree provides merchants with a secure payment gateway, merchant account, recurring billing and credit card storage, as well as industry-leading customer service and an easy-to-integrate API. Braintree operates internationally, and allows merchants in 40 countries in North America, Europe and Australia to accept payments in over 130 currencies. Braintree’s consumer brand, Venmo, offers a digital wallet and person-to-person payment application that makes it easy for consumers to make payments on mobile devices.
Braintree’s solutions have been proven to scale and support many of the most discerning, high-growth companies on the web, including Rovio/AngryBirds, LivingSocial, Airbnb, Fab.com, OpenTable, Uber, LevelUp and HotelTonight. Founded in 2007, Braintree is now processing more than $8 billion annually from over 4,000 merchants, $2 billion of which is on mobile. Braintree enables single-click, frictionless purchasing at checkout for more than 40 millionconsumers. Visit Braintree at www.braintreepayments.com and on Twitter @braintree.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 06/01/11 | Series A | 34M | Accel | Unknown |
| 10/17/12 | Series B | 35M | NEA, Accel | Unknown |