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: a collection of facts, tidbits, and musings about our world and our industry by the people of Braintree

It’s Official - We’re Now Part of the PayPal Family!

It’s been nearly three months since we announced that we’re teaming up with PayPal to build the future of online and mobile commerce. At that time, we shared our commitment to you—our customers and partners—to continue to deliver great service and innovative products as a separate service within PayPal.  

Since then, you’ve inspired us with the confidence you’ve shown us through the excitement you’ve shared about the new products that we’ll be able to deliver as part of PayPal. We’ve been inspired by those of you who’ve expressed concern that an acquisition might change us, but said you’re still committed to us because you trust that we’ll continue to provide the great service we always have. And we’ve been inspired by the vote of confidence we’ve received from the market as we’ve added more customers and more volume to our platform since announcing our deal with PayPal than in any previous quarter.

As of today, our deal with PayPal has closed and we are officially part of the PayPal family. Now it’s time for us to make good on our commitment as we work toward the goal that we have aspired to for so long at Braintree—to build the platform that will transform commerce around the world. We know we can’t reach this ambitious goal overnight, but we’re fully committed to it and we have lots of things in the works that will soon make it clear why we’re so pumped about joining PayPal.  

As we get to work, I’d love to hear your thoughts and your feedback. We’re building a platform that we believe is designed to make it easier for you to deliver beautiful commerce experiences to your customers—your ideas are what make us jump up out of bed every morning.  

We’re truly inspired and humbled by the confidence you’ve shown in us. And we’re excited to work hard every day to keep earning it.

Thank you.

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Bill Ready Bill is the SVP, Global Head of Merchant and Next-Gen Commerce at PayPal. Previously, Ready was the CEO of Braintree, leading the company through the 2013 acquisition by PayPal for $800 million. More posts by this author >>

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