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Business & Money • Fintech

Braintree

Braintree is an American payments technology company that provides mobile and web payment processing for e-commerce businesses.

By Ethan Anderson| Reviewed by Olivia Bennett, Standards & Fact-Checking Lead| Updated July 27, 2026|2 min read| Fact-checked

Braintree is an American payments technology company that provides mobile and web payment processing for e-commerce businesses. Founded in 2007 and based in Chicago, it was acquired by PayPal in 2013 and now operates as a PayPal service.

History

Braintree was founded in 2007 in Chicago and later became a notable payments processor for online businesses. PayPal acquired the company in 2013, after which it continued as a separate service within PayPal.

Services

Braintree provides payment gateway and processing tools for websites and mobile apps. Its platform supports cards, PayPal, Venmo in the US, and several digital wallet payment methods through a single integration.

Market presence

Braintree positions itself as a global payments platform for merchants that want international payment acceptance and simplified integration. Sources state that it supports merchants in more than 45 countries and payments in more than 130 currencies.

Relationship with PayPal

Braintree operates as a PayPal service rather than an independent public company. PayPal describes it as a full-stack payments platform used by large enterprises and online retailers.

Key facts

  • Braintree processes online and mobile payments for merchants, especially in e-commerce.
  • It was founded in 2007 and is headquartered in Chicago, Illinois.
  • PayPal acquired Braintree in 2013 for about US$800 million.
  • The platform supports payment methods including PayPal, Venmo, credit and debit cards, and digital wallets.
  • Braintree says it serves merchants in more than 45 countries and supports more than 130 currencies.
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Canadian context

Braintree is relevant to Canadian readers as a cross-border payments platform used by merchants operating internationally, including businesses that accept payments in multiple currencies.[2][6][7]

Frequently asked questions

What is Braintree?
Braintree is a payments technology company that provides online and mobile payment processing for businesses.
Who owns Braintree?
Braintree is owned by PayPal, which acquired it in 2013.
Where is Braintree based?
Braintree is headquartered in Chicago, Illinois, United States.
When was Braintree founded?
Braintree was founded in 2007.
What payment methods does Braintree support?
Sources say it supports PayPal, Venmo in the US, credit and debit cards, and digital wallets such as Apple Pay and Google Pay.

References

  1. Wikipedia — https://en.wikipedia.org/wiki/Braintree_(company)
    Supports: Founding year, company type, and PayPal acquisition.
  2. Indeed — https://www.indeed.com/cmp/Braintree-7/about
    Supports: Merchant reach, currency support, and payment-processing description.
  3. LinkedIn — https://www.linkedin.com/company/braintree
    Supports: Merchant reach, currency support, headquarters locations, and supported payment methods.
  4. FinTech Magazine — https://www.fintechmagazine.com/digital-payments/fintech-profile-braintree-global-payments-partner
    Supports: Braintree as a PayPal service and supported payment methods.
  5. PrivCo — https://system.privco.com/company/braintree
    Supports: Founding year, Chicago headquarters, and PayPal acquisition.
  6. PayPal — https://www.paypal.com/us/cshelp/article/what-is-paypal-braintree-and-how-do-i-get-started-help1172
    Supports: Braintree as PayPal Braintree and description of its payment platform.