PayPal COO Bill Ready, Who Helped Grow Venmo, Is Leaving the Company Ready is set to receive a $1.5 million cash bonus upon his departure. By Gabriela Barkho
Stripe Denies 8chan Beta’s Payment Processing Services A member of the 8chan community is crowdfunding brand new, open source imageboard software. Payments processor Stripe withdrew service for the project. By Brady Dale
PayPal Can Chill Now: eBay Acquires Braintree for $800 Million eBay is plopping down $800 million in cash to acquire payment company Braintree, which, you might remember, acquired Silicon Alley’s own Venmo By Jordan Valinsky
Venmo Touch From Braintree Lets You Pay Across Multiple Apps Without Entering Your Credit Card By Nitasha Tiku
Startup News: Braintree Gets a $35 M. Boost, TED Gets Trippy, and Real Estate Gets Gamified By Myles Tanzer