PayPal acquires Braintree (2013)
PayPal paid about $800m for Braintree, a developer-focused payments platform that owned the Venmo app. PayPal, then part of eBay, gained modern developer tools and a mobile-first consumer brand in one deal.
Braintree kept its brand and leadership, and Venmo grew into one of the most-used payment apps in the US.
Braintree's technology became the core of PayPal's developer platform, one of the most successful payments acquisitions of the decade.
Mollie is running the same play: buy complementary payment technology, keep the brand and founder, integrate gradually.
