Braintree Is On The Block, Had Acquisition Talks With Square And PayPal

Chicago-based payments gateway Braintree is currently shopping itself around to potential acquirers, TechCrunch has learned. The company has been on the block for some time, having previously tried to work out a deal with Google which fell through. More recently, it had been in acquisition talks with Square, which also fell through, possibly because Braintree is asking for too high a valuation. Talks with PayPal, however, may still be ongoing, we've heard.