Congratulations to Braintree, from Envisionit.

Braintree acquired by PayPal


Today it was announced that one of Envisionit’s clients, payment platform Braintree, was acquired by eBay for $800 million in cash. We would like to be one of the first to congratulate them.

From their beginnings in 2007 in a small office in Chicago to today’s 200-plus person team, Braintree has been working tirelessly to empower the online and mobile payments space–both in developing tools, and by providing a level of service unheard of in the industry. Now, they bring those tools of innovation and commitment to customer service to a partnership with PayPal to help established businesses and fledgling entrepreneurs the world over.

In a blog post on Braintree’s website, CEO Bill Ready expressed the continuation of Braintree’s mission. “The entrepreneurs and developers of the world have only just begun to build an entire next generation of commerce experiences and we want to give them all the tools and support they need to do so.”

We are proud to have helped the entire Braintree team bring their message and services to the world–from the smallest mobile banner ad to an all-encompassing international online presence.

Braintree, on its way to handling more than $12 billion in online and mobile payments this year, will operate as a separate service within PayPal while expanding their reach and continuing to develop new ways for businesses to grow.

A heartfelt “congratulations” to everyone at Braintree.

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