Braintree
Description
Braintree's payment platform provides all the tools online and mobile businesses need to accept payments.
Overview
Foundation year: | 2007 |
Location: | Chicago, Illinois, United States |
Founders: | Bryan Johnson |
Website: | https://www.braintreepayments.com/ |
Target geographic market:
Global
About Product/Service
Volume of Transactions in 2019 | $6B |
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Regulators/Compliance | PCI, PSD2, SCA, GDPR |
Valuation | USD 800M |
Pricing | "2.9% + $0.30 charge per transaction. An additional 1% fee applies to transactions presented outside of the home currency A flat $15 fee is assessed for chargebacks Discounted rate of 2.2% + $.30 for eligible nonprofits" |
The Base Currency | USD |
Number of Currencies Supported | 135 |
Product cost | - |
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PCI compliance |
Key people
Funding rounds
Last Funding Date | 17/09/2012 |
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Last Funding Amount | 35000000 |
Last Funding Type | Series B |
Total Funding Amount | 69,000,000 |
Number of Funding Rounds | 2 |
Financials
Estimated revenue | $100M to $500M |
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Number of investors | 4 |
Number of lead investors | 2 |
Names of lead investors | "Greycroft New Enterprise Associates (NEA) RRE Ventures Accel" |
M&A | Braintree was acquired by PayPal for $800M on Sep 26, 2013. This deal was done in Cash. |
Tech stack
Competitors
Founding Date | Type | Tags | |
x MYbank MYbank, a leading online private commercial bank... | 2015 | Private | fintech, challenger banks |
x Fourthline We are a risk management and regulatory... | 2017 | Private | |
x Metro Bank Metro Bank plc is a retail and commercial bank... | 2010 | Private | Challenger banks, fintech |
x Air bank Air Bank is a modern and innovative 21st century... | 2019 | Challenger banks, fintech | |
x Delo Bank Online bank for small enterprises | 2018 | Challenger banks, fintech |