Work / Happy Returns

Happy Returns logo

Customer

Revolve logo

One three-year agreement that brought four PayPal products together for Revolve.

Happy Returns ACV
$5M
Braintree volume
$1B
Incentives
$5M
Contra-revenue and joint marketing
Term
3 yr

The deal.

A three-year bundle for Revolve that covered four PayPal products: Happy Returns, Braintree, PayPal BNPL and Venmo.

The terms.

$5M ACV for Happy Returns, $1B in Braintree processing volume, and $5M in contra-revenue incentives and joint marketing.

What followed.

We went on to structure similar bundles for Shein and TikTok Shop.

The takeaway

After an acquisition, the biggest opportunities often span the parent company's products. We leaned into that.

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