Bill Ready brings to PayPal in-depth knowledge of the payments and technology space as both an engineer and business leader. As PayPal’s Chief Operating Officer, he is responsible for product, technology and engineering at PayPal, as well as the end-to-end customer experiences for PayPal’s consumer, merchant, Braintree, Venmo, Paydiant and Xoom businesses. In addition, Bill is a senior member of PayPal’s executive team responsible for delivering on revenue and profit goals and key operational objectives for the company globally.
Previously, Bill ran global product and engineering at PayPal, where he led the PayPal, Braintree, Venmo and Paydiant teams responsible for end-to-end customer experiences such as PayPal One Touch, the most rapidly adopted product in PayPal’s history; Pay with Venmo; the completely redesigned PayPal mobile app; PayPal Commerce and the expansion of Braintree’s global reach and payment methods to be the broadest in the industry.
A serial entrepreneur who has helped build and sell five startups, Bill joined PayPal in 2013 as CEO of Braintree and Venmo, which PayPal acquired for $800 million. He and his team have fueled the mobile commerce revolution by building two of the most innovative and influential startups in the payments industry, Braintree and Venmo. Many of the world’s most disruptive businesses, including Uber, Airbnb, and Jet.com, choose Braintree to power their payments. Venmo is one of the most widely used apps of the millennial generation and sees more than a billion dollars in payment volume per month. Consumers love the brand so much that it has become a verb: “Just Venmo me.”
Prior to Braintree, Bill was Executive in Residence at Accel Partners, a leading Silicon Valley venture capital and growth equity firm. A veteran of the payments industry, Bill also served as president of iPay Technologies and as a strategy consultant for McKinsey & Company, where he advised leading financial technology companies, and was an early engineer at two other successful start-ups: emphesys (merged with Humana in 2001) and Netzee (IPO November 1999).
Bill holds an MBA from Harvard Business School where he was an honors recipient and a bachelor’s degree in information systems and finance from the University of Louisville. He serves on the board of ADP, a global provider of cloud-based Human Capital Management (HCM) solutions.