Anuj Nayar, Senior Director, Global Initiatives
This brings Braintree’s Ignition program -- which waives the fees on the first $50K in payments -- to mobile app developers in FbStart, a program that fuels innovation by providing startups with best of breed tools and services to build and grow their apps.
As part of PayPal, Braintree now has more resources to deliver on its commitments to its customers. Expanding Ignition to FbStart is just one way we’re working together to give back to the startup community.
When we acquired Braintree last year, we did so largely because the company was (and continues to be) ahead of the game on mobile -- powering some of the most innovative, mobile-first companies including Uber, Airbnb and HotelTonight as well as the next generation of mobile disruptors.
With this partnership, it’s even easier to support the future wave of innovators, whether they’re a two-person team working out of a garage or a fast-growing startup. Braintree has built its payments platform to support both startups just getting off the ground, and those that are looking to scale fast.
This is the second partnership between Braintree and Facebook. Last October, before the acquisition closed, Braintree began powering Facebook’s Autofill product. We’re looking forward to working with Facebook to do our part to support app developers, give back to the startup ecosystem, and help ignite mobile innovation.