PayPal Acquires Braintree

Announced September 26, 2013 — $800M

What happened

Braintree was a Chicago-based payment gateway company processing online and mobile payments for merchants.

PayPal's acquisition history

8th of 27 tracked deals

Disclosed prices

15 of 27 PayPal deals

PayPal's average disclosed price

$879.9M

PayPal's largest disclosed deal

Honey ($4B)

Tracked acquisitions in 2013

147 across all acquirers

PayPal in Payment gateway

1 acquisition

When did PayPal acquire Braintree?

PayPal acquired Braintree on September 26, 2013. This was PayPal's 8th publicly tracked acquisition out of 27 we have on record.

How much did PayPal pay for Braintree?

PayPal paid $800M for Braintree.

What does Braintree do?

Braintree was a Chicago-based payment gateway company processing online and mobile payments for merchants.

What other Payment gateway companies has PayPal acquired?

Braintree is PayPal's only publicly tracked acquisition in Payment gateway so far.