Braintree provides payment processing options for thousands of online mobile companies including Airbnb, Uber, Fab, and LivingSocial. Braintree is now a subsidiary of PayPal, and is in 46 markets across North America, Europe, Asia, and Australia. Founder, Bryan Johnson, MBA ’07 started the company in 2007 and placed first in the Edward L. Kaplan, ’71, New Venture Challenge (NVC) and taking home $25,000. Braintree was acquired by eBay PayPal in 2013. Today, Braintree has seven global locations, over 500 employees, and an infinite passion for payments. Give them a follow — and think of them the next time you send a friend money — @braintree.
Stats:
- Founded by Bryan Johnson, MBA ’07
- 1st place at the 2007 Edward L. Kaplan, ’71, New Venture Challenge
- Acquired Venmo, which lets you pay friends for things like drinks or a cab ride using a bank transfer, debit card, or credit card, in August 2012
- Acquired by PayPal for $800 million and joins the eBay PayPal family in September 2013