Career
PayPal resumes buying everything. Jobs at Braintree, Venmo, and more.
COMPANY PROFILE: PAYPAL
PayPal is on a shopping spree again. Just this week it acquired gig-economy and small-business payment processor HyperWallet for $400 million along with AI-based fraud detection startup Simility. (Last month it bought Sweden’s small-business payments platform iZettle for a whopping $2.2 billion.)
This is nothing new.
Back in 2013, PayPal acquired Chicago-based Braintree, a processing platform for merchants that has continued to expand and now handles payments for Airbnb, Uber, Dropbox, Grubhub, and more.
Braintree had previously acquired Venmo, the most consumer piece of the PayPal portfolio. Venmo, for its part, has achieved verb-status as a brand, outpacing PayPal itself in popularity among millennials.
Yes, it’s a bit dizzying to follow. But it also means lots of jobs. Braintree and Venmo are collectively hiring across skillsets in New York, Chicago, and San Francisco.
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