Uber’s latest funding brings the company into the stratosphere of private company valuations. At $40 billion, Uber is believed to be four times more valuable than Airbnb, Snapchat, Palantir or Dropbox. Its… Read more »
Braintree may be part of the eBay/PayPal(s ebay) empire now, but it’s not abandoning its focus on becoming the payments provider for emerging startups. Braintree, in fact, is trying to add… Read more »
Payments processor Braintree is seeing a huge year-over-year jump in mobile payments this holiday season. According to CEO Bill Ready we’re witnessing the pent-up demand from consumers to use their phones… Read more »
Amazon is measured when it comes to revealing its future plans and is reticent to share details. And when it does, it does so with its own ends in mind. That… Read more »
Though eBay is buying Braintree to make PayPal more relevant in mobile, PayPal is showing it has plenty of game in the new smartphone-driven economy. The deal makes PayPal an Uber… Read more »
PayPal tried to revamp its developer platform this spring for the new mobile commerce reality, but it realized it wasn’t moving fast enough. It decided to buy Braintree, which already had… Read more »
eBay(s EBAY) is buying Braintree, a Chicago-based payment platform for approximately $800 million in cash, the company announced this morning. “Braintree is a perfect fit with PayPal,” said eBay CEO John… Read more »
Chicago-based Braintree has seen its e-commerce transaction volume grow 25 percent in less than four months, largely due to overseas growth. It has added Minecraft-creator Mojang to its growing roster of clients. Read more »