Braintree, a startup specializing in processing other startups e-commerce transactions, is on quite the tear. On Wednesday the company revealed its total annual transaction has grown from 25 percent, from $8 billion to $10 billion, in less than four months.
The company also announced its added Minecraft-creator Mojang of Sweden to its roster, where it joins Finland’s gaming powerhouse Rovio as a key client. Those two aren’t small operations, producing some of the most popular games in the world. Consequently, international transactions are becoming a big part of Braintree’s business, accounting for a quarter of all transactions since it expanded outside the U.S. last October.
The Chicago-based startup launched in 2008 with the intention of becoming the e-commerce engine for the emerging world of new niche e-commerce and collaborative consumption businesses emerging online. Its goal was to bridge the yawning chasm between operations that served small businesses like…
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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.
Kenneth Carnesi 
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