Did Braintree Payments just kill a successful Serbian taxi startup?

From The Next Web
March 20, 2017 - 12:02pm
Absence often inspires innovation. For Serbian entrepreneur Vuk Guberinic, the lack of ridesharing services like Uber and Lyft in Belgrade spurred him to launch his own taxi-hailing app, Car:Go. Car:Go had some initial success, but things have quickly unraveled, and now the business is in a desperate battle for its survival. According to Guberinic, this is due to the actions of Braintree Payments – the Paypal-owned company it uses to process credit cards. He alleges Braintree Payments transferred money to a bank account that was no longer under the control of the company, after he issued a notice to cease disbursements… This story continues at The Next Web

Continue reading this article »