Braintree is owned by PayPal (the United States, NASDAQ: PYPL), which has owned the brand since 19 December 2013, when eBay acquired it for $713 million.[1][2] Braintree was founded in 2007 in Chicago, Illinois and was independent until 2013.
Braintree processes card payments for other companies rather than for consumers, and its customers have included Uber and Airbnb. PayPal acquired it in 2013 for about $800 million, which also brought Venmo into the group. Keeping it separate from the consumer PayPal brand lets the group serve merchants who would rather their checkout did not advertise a competitor's wallet at the point of sale.
eBay bought Braintree for its PayPal business for about $713 million, mostly in cash, to accelerate PayPal in mobile payments. Venmo came with it: Braintree had bought the peer-to-peer payments app the year before, and eBay's annual report describes Venmo as a Braintree subsidiary. Both moved to PayPal when it separated from eBay in 2015, which is why a purchase made by eBay explains who owns Venmo today.
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Frequently asked questions
Who is the parent company of Braintree?
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The parent company of Braintree is PayPal, a publicly listed company headquartered in the United States.
Is Braintree American?
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Yes. Braintree originated in the United States in 2007 and its owner, PayPal, is also headquartered in the United States.
When did PayPal buy Braintree?
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PayPal completed its acquisition of Braintree on 19 December 2013. The deal was valued at $713 million (enterprise value).
Who owned Braintree before PayPal?
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Braintree was an independent company from its founding in 2007 in Chicago, Illinois until eBay acquired it in 2013.
Is Braintree still owned by PayPal?
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Yes. As of 16 September 2026, Braintree is still owned by PayPal. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.