BJ
Braintree is a full-stack payment platform enabling merchants to accept, process, and split payments. It supports cards, PayPal, Venmo, Apple Pay, Google Pay, and more through a single integration. Now a division of PayPal, it powers payments for thousands of businesses worldwide.
Braintree is a full-stack payment platform enabling merchants to accept, process, and split payments. It supports cards, PayPal, Venmo, Apple Pay, Google Pay, and more through a single integration. Now a division of PayPal, it powers payments for thousands of businesses worldwide.
Founded in 2007 by Bryan Johnson in Chicago, IL. Braintree set out to simplify online payment processing for developers and merchants. It acquired Venmo in 2012 and was itself acquired by PayPal in 2013 for approximately $800 million.
Braintree introduced its Data Only feature leveraging 3D Secure data-capture to reduce unnecessary payment declines. Visa mandated all issuers to accept Data Only transactions starting April 2025, establishing it as a modern payment processing standard.
PayPal announced a partnership with Verifone in 2025, integrating Braintree to unify in-store and online payment experiences under the PayPal Open umbrella, expanding Braintree's global omnichannel coverage.
PayPal announced plans to renegotiate Braintree contracts with large enterprise customers to increase pricing, after having built market share through competitive low pricing. The CFO noted this was a key margin expansion lever.
eBay's PayPal division acquired Braintree for approximately $800 million in cash in 2013. The acquisition brought Venmo, Braintree's developer-first payment gateway, and a fast-growing mobile commerce platform under the PayPal umbrella.
Braintree acquired Venmo, the peer-to-peer payment app, for $26.2 million in 2012. The acquisition brought social payment capabilities and a large user base to Braintree's merchant-focused platform.
Bryan Johnson founded Braintree in 2007 to simplify online payment processing for developers and merchants. The company quickly became a leading payment gateway supporting cards, ACH, and alternative payment methods through a single developer-friendly API.
Founder & CEO
Bryan Johnson founded Braintree in 2007 in Chicago, IL. He built it into a leading payment processing platform before selling it to PayPal for ~$800M in 2013. After the acquisition he founded OS Fund and later Kernel, focused on brain-computer interfaces, and Blueprint, a longevity project.
$800M raised total
Petitioner on record
BRAINTREE SOLUTIONS INC · CEDAR PARK, TX
FY 2025
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