Braintree launches Ignition program for startups building on its platform

In October 2012, payments company Braintree set aside $2 million from its Series B to court startups to its platform by waiving the processing fees for the first $50,000 in transactions. At the time, the promotion was limited to 1,000 sign-ups. Now a part of PayPal following its acquisition, Braintree is at it again, only this time, that same offer is open to anyone as part of Braintree’s new Ignition program.