people · May 22, 2026
PayPal announces strategic reorganization unifying Braintree under Payment Services & Crypto division
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PayPal Holdings announced a strategic reorganization on April 29, 2026, to accelerate growth and streamline operations. The Payment Services & Crypto division now unifies Braintree processing capabilities, SMB processing, value-added services, and crypto including PYUSD. Frank Keller was appointed President of Checkout Solutions & PayPal while Alexis Sowa and Jeff Pomeroy received interim leadership roles. Braintree operates as part of the unbranded processing segment that expanded in prior quarters.
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