Braintree, a division of PayPal, is a company based in Chicago that specializes in mobile and web payment systems for e-commerce companies that was acquired by PayPal on September 26, 2013. Prior to acquisition, it had been funded by Accel Partners and New Enterprise Associates as lead investors.

Merchants in more than 40 countries worldwide can accept, split, and enable payments in more than 130 currencies using Braintree. The company has offices in Chicago, New York, San Francisco, Austin, London, Sydney, & Singapore.

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