Braintree

Finovate Alumni News– March 18, 2014

By Julie Muhn (@julieschicktanz) Posted on
Categories: Braintree, Budgettracker, DoubleBeam, Fiserv, Nostrum Group, PayPal, PaySimple, Realty Mogul, Tradeshift, Tyfone, Virtual Piggy

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  • Fiserv to adopt Visa’s debit EMV solution to offer issuers, acquirers and merchants an approach for debit EMV adoption.
  • Tyfone appoints former UBS managing director Nizar Jamal as Chief Technology Officer.
  • PaymentsSource: Virtual Piggy’s Oink partners with European Games Group.
  • App Shopper features BudgetTracker’s iOS mobile app.
  • Realty Mogul crowdfunders top $100 million worth of real estate investment.
  • VentureBeat takes a look at mobile payment success stories including PaySimple, Braintree, and PayPal.
  • TD Bank enhances online money movement services with addition of Popmoney and TransferNow from Fiserv.
  • DoubleBeam powers new mobile app for Foodland Super Market.
  • Nostrum Group reports revenue gains of more than 80% to £7 million. for FY 2013.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– March 8, 2014

By Julie Muhn (@julieschicktanz) Posted on
Categories: Actiance, BBVA, Braintree, Kensho, Loop, Moven, Numbrs, On Deck Capital, PayPal, Simple
  • Finovate-F-Logo.jpgActiance partners with Shoutlet to integrate Shoutlet’s social marketing capabilities with Actiance Socialite.
  • PayPal’s Braintree to waive the first $50k of processing fees for startups building on its platform through its new Ignition program.
  • On Deck raises $77 million in funding round led by Tiger Capital.
  • Mechanics Bank’s Bradley Leimer takes a look at the lessons from BBVA’s acquisition of Simple.
  • Simple, Moven, and Numbrs are listed in American Banker’s feature “6 Apps That Are Making Bankers Jealous.”
  • Recode reviews Loop. Check out its new payment tech at FinovateSpring next month.
  • The Tally’s Financial News Fintech Focus column features Kensho.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– December 20, 2013

By David Penn Posted on
Categories: Braintree, FIS, Fiserv, MasterCard, Narrative Science, Spreedly, TipRanks, Trustev
  • Thumbnail image for Finovate-F-Logo.jpgTipRanks, Narrative Science, Spreedly, and Fiserv earn “True Innovators Awards” in Bank Innovation’s 2013 GonzoBanker column.
  • Jos White of Notion Capital talks about credit card fraud and his firm’s investment in Trustev.
  • Braintree CEO Bill Ready discusses the future of online payments on Bloomberg TV.
  • Nordea, SEB, and Swedbank announce plans to offer MasterPass-powered digital wallets courtesy of MasterCard.
  • FIS launches e-learning suite to help FIs comply with new CFPB regulations.
  • Business ETC takes a look at growing interest in Irish start-up, Trustev.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– October 4, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Braintree, CardFlight, Geezeo, Kantox, Mitek, Motif Investing
  • Finovate-F-Logo.jpgDel-One Federal Credit Union to offer PFM powered by Geezeo.
  • GigaOm reports: Braintree’s cross-app payment service Venmo Touch comes to the U.K.
  • BBVA blog features Philippe Gelis, founder and CEO of Kantox.
  • Bank Innovation calls CardFlight “a dongle with a difference.”
  • The Financial Brand takes a look at mobile photo account opening via Mitek.
  • Motif Investing CEO talks about motif building in an interview with NBC.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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The Rumors Are True: eBay’s PayPal Acquires Braintree for $800 Million in Cash

By Julie Muhn (@julieschicktanz) Posted on
Categories: Braintree, PayPal

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After weeks of rumors, there’s no doubt you’ve heard of PayPal’s plan to acquire payments gateway, Braintree. This week, it pulled the trigger and dished out $800 million in cash for Chicago-based Braintree.

According to PayPal CEO, David Marcus, this acquisition will help Braintree grow much faster than a normal, startup pace. In his blog post announcing the deal, Marcus states:

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“Our resources will enable them to push the boundaries of innovation with ambition and confidence for consumers, merchants and developers around the world.”

Braintree’s payment gateway, which launched in 2007, can handle 130 different currencies in more than 40 countries. It will continue operating as it normally does, servicing companies such as AirBnB, OpenTable, and Uber.

Braintree last demoed at FinovateSpring earlier this year where it showed off its recently acquired Venmo touch technology.

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Finovate Alumni News– September 26, 2013

By David Penn Posted on
Categories: Billhighway, Braintree, Finovera, Google, Lendio, MasterCard, MiiCard, PayPal, peerTransfer, SecondMarket
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  • Updated Google Wallet app lets users store loyalty cards.
  • MasterCard teams up with National Bank of Egypt, Egyptian Banks Company, and Fawry to launch m-wallet in Egypt.
  • EBay’s PayPal acquires Braintree in $800M cash deal.
  • The Boston Business Journal features peerTransfer.
  • miiCard presents trends from the innovators at FinovateFall.
  • Lendio raises $4.5 million for small business loan-matching Service.
  • TechCrunch reports: SecondMarket launches a Bitcoin investment trust for accredited investors.
  • Billhighway adds Boys & Girls Club of Troy as client.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– September 24, 2013

By David Penn Posted on
Categories: Braintree, Cachet Financial Solutions, Capital Access Network, Digital Insight, Doxo, Entrepreneurial Finance Lab, ERN, FIS, Google, PayPal, Swipely, Xero
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  • Capital Access Network listed among Information Week’s top U.S. technology innovators in 2013.
  • FIS announces analytics programs for customers.
  • Swipely now managing $1 bil in annual sales, 1 yr. after entering payments market & launched Swipely Partner Network.
  • Cachet Financial Solutions announces Select Mobile Lending, a new mobile app.
  • MasterCard and Entrepreneurial Finance Labs join forces to promote SMB growth in developing nations.
  • TechCrunch reports PayPal, Stripe, & Braintree partner with Facebook to autofill billing info in mobile commerce apps.
  • ERN partners with FICO to embed FICO’s marketing solutions within its real-time Big Data analytics platform Looop.
  • Mountaineer Gas joins doxo to simplify bill delivery, payment, and record keeping for its 220,000 customers.
  • Digital Insight announces new CEO, John O’Malley.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– September 6, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Braintree, Doxo, Fiserv, Geezeo, MoneyDesktop, Narrative Science, PayPal, Yodlee
  • Finovate-F-Logo.jpgFiserv launches Predictive Scores tool that models customer behavior. Come see Fiserv at FinovateFall next week.
  • First Federal Savings Bank implements PFM through MoneyDesktop. Check out MoneyDesktop’s new solution at FinovateFall in NYC.
  • PayPal Updates iOS And Android Apps With The Ability To Order Ahead, Pay Restaurant Bills, Access Bill Me Later And More.
  • Woodinville Water District Achieves Significant Increase in Paperless Water Bills in the First 90 Days of doxo Implementation.
  • Members Choice CU To Offer PFM Powered By Geezeo.
  • Braintree adds new layer of fraud protection for merchants.
  • Finovate alumni driving growth in online investment advisory industry.
  • Forbes features article on Narrative Science’s
    Quill. Come see them at FinovateFall next week.


This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– August 14, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Braintree, Capital Access Network, Credit Karma, FlexScore, Jack Henry, Kashoo, Moven, Virtual Piggy, Xero, Yseop, Zopa
  • Finovate-F-Logo.jpgYseop selected as a finalist for the category of “Social, CRM and Loyalty” for the DMA Innovation Awards.
  • Finextra reports: Virtual Piggy integrates with social game giant Habbo Hotel.
  • TechCrunch reports: Braintree launches a new service called Marketplace, an API designed for mobile marketplace operators.
  • The Sleeter Group reviews Kashoo, Xero, and others.
  • The Guardian Money features social lending service Zopa.
  • Transaction processing driving revenue growth for Jack Henry & Associates.
  • Pymnts.com interviews Daniel DeMeo, CEO at Capital Access Network, on the rise of commercial lending.
  • Snarketing 2.0 highlights Credit Karma, FlexScore, and Moven in a column on why the financial services industry needs a “FinScore”.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– August 9, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Biletu, Braintree, Google, HelloWallet, Holvi
  • Finovate-F-Logo.jpgThe Economist mentions Holvi as a financial company facing regulation that prevents it from lending.
  • HelloWallet unveils research department.
  • Fast Company lists Braintree as 1 of 10 companies with “developer cred”.
  • Google Wallet to end NFC functionality for storing gift and loyalty cards by the end of the month.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– August 5, 2013

By David Penn Posted on
Categories: Azimo, BillGuard, Braintree, CoverHound, Lending Club, MasterCard, Zopa
  • FinovateLOGO.jpgZopa featured in a Scottish Express column on P2P lending in the United Kingdom.
  • MasterCard and Visa to bring standardized chip-and-pin technology to the U.S.
  • Azimo, Zopa, and Lending Club are among the Finovate alumns highlighted in an Economist column on “changing finance for the better.”
  • VentureBeat lists BillGuard as 1 of 20 fastest growing mobile startups.
  • Slate lists reasons why everyone should download and use Braintree’s Venmo app.
  • Digital Trends chats with Basil Anan, CoverHound CEO on insurance rates trends. Check out CoverHound’s new tech at FinovateFall in NYC next month.
  • Braintree listed by Pando Daily as one of Chicago’s “new class of anti-Groupons”.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Braintree Now Processing $10 Billion in Payments Annually

By Julie Muhn (@julieschicktanz) Posted on
Categories: Braintree

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Payment processing company Braintree recently announced it is now processing $10 billion in payments annually. 

This is $2 billion (20%) more than the Massachusetts-based company reported in April of this year and it is 2x more than what it was processing 6 months ago. According to Pando Daily, 25% of this growth comes from international merchants.

Braintree also recently added Swedish game developer Mojang to its list of clients, which includes:

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To learn more about Braintree, watch its FinovateSpring 2013 demo.

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