Payments Ecosystem
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Payments Ecosystem
The Payments ecosystem is evolving at an unprecedented pace driven by mobile, cloud computing, start-up's challenging the behemoths, and new technologies. My personal collection of curated stories and blogs.
Curated by Vineet Anand
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Stripe raises $600 million at a $95 billion valuation

Stripe raises $600 million at a $95 billion valuation | Payments Ecosystem | Scoop.it
Web payments firm Stripe plans to hire 1000 new staff in Dublin over the next five years on the back of a fresh $600 million funding round.
Vineet Anand's insight:

12months on Stripe value increases 2.5X - 50 companies that process > $1bn per annum! 

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AfterPay scores BNPL collaboration deal with Stripe

AfterPay scores BNPL collaboration deal with Stripe | Payments Ecosystem | Scoop.it
Australian buy now, pay later giant AfterPay has entered a transformational partnership that will give merchants using Stripe code the opportunity to offer customers the option of installment-based purchases.
Vineet Anand's insight:

BNPL AfterPay & Stripe collaborate in expanding reach with merchants in US, AZ, and NZ. This comes on the heals of the Klarna deal with Worldline and also the upcoming $1Billion funding found for Klarna valued at $31B. The pandemic has exposed BNPL to an unforeseen accelerated growth rate!

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Stripe joins $35 million funding round in payroll startup Check

Stripe joins $35 million funding round in payroll startup Check | Payments Ecosystem | Scoop.it
Stripe has continued its investment splurge, joining a $35 million funding round in payroll infrastructure startup Check.
Vineet Anand's insight:

Check gets a great partnership with Stripe strategic investment! 

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Stripe joins Rapyd's $40m Series B round

Stripe joins Rapyd's $40m Series B round | Payments Ecosystem | Scoop.it
Rapyd, a 'fintech-as-a-service' platform that enables businesses and consumers to pay or be paid however they choose for local and cross-border e-commerce transactions, has raised $40 million in a Series B funding round led by Stripe and General Catalyst.
Vineet Anand's insight:

Rapyd raises $40 million led by Stripe and General Catalyst. 

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Stripe embroiled in Trump inauguration investigation

Stripe embroiled in Trump inauguration investigation | Payments Ecosystem | Scoop.it
US federal prosecutors investigating donations to Donald Trump's inauguration committee are taking a special interest in payments processed through Stripe, which may have provided the technology used for credit card donations related to the campaign.
Vineet Anand's insight:

Stripe receives a subpoena related to Trump inauguration.. seems BAU as prosecutor looking at tracking funds. Interestingly Jared Kushner's brother is an investor. 

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Stripe raises $100m at $22.5bn valuation

Stripe raises $100m at $22.5bn valuation | Payments Ecosystem | Scoop.it
Stripe has secured another $100 million in funding, this time from Tiger Global Management, boosting the payments firm's valuation to $22.5 billion.
Vineet Anand's insight:

Stripe's valuation at $22.5 billion, a nice $2.5 billion jump from the September Series E round. An impressive set of releases planned for 2019! 

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Cross River Bank Partners With Stripe To Power The Marketplace Economy With Push-To-Card Payments

Cross River Bank Partners With Stripe To Power The Marketplace Economy With Push-To-Card Payments | Payments Ecosystem | Scoop.it
FORT LEE, N.J., Jan. 9, 2019 /PRNewswire/ -- Cross River Bank, a fast-growing provider of banking services for financial technology companies, toda
Vineet Anand's insight:

Stripe partners with Cross River to deliver debit push payments API for gig economy workers. Push to card payments will lead to addressing the largest concerns from workers in freelance jobs, ride sharing, food delivery to have immediate access to funds rather than the week long delay across half of the gig economy workers. 

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Elements, Stripe’s new check-out toolkit, aims to boost e-commerce sales completions

Elements, Stripe’s new check-out toolkit, aims to boost e-commerce sales completions | Payments Ecosystem | Scoop.it
Stripe, the payments startup is now valued at $9 billion, is today taking the wraps off its latest effort to help its customers -- which now number in the..
Vineet Anand's insight:

Checkout toolkit from Stripe called Elements; quite a journey for Stripe adding Radar and Atlas offerings to bring greater value to it customers while acquiring new business. 

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Stripe Atlas Aims to Ease the Way for Foreign Entrepreneurs

Stripe Atlas Aims to Ease the Way for Foreign Entrepreneurs | Payments Ecosystem | Scoop.it
The e-commerce start-up’s new product could let small-business founders avoid some bureaucratic steps and end up incorporated in Delaware.
Vineet Anand's insight:

Stripe Atlas a new offering allowing entrepreneurs to set-up business in US including legal entity based in Delaware, free credit to run online business on AWS, access to tax / legal consulting services from PWC. Target markets are Africa, Middle East, Latin America and few markets in Asia. 

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Stripe lands new funding; signs deal with Visa

Stripe lands new funding; signs deal with Visa | Payments Ecosystem | Scoop.it
Finextra: Hot payments startup Stripe has landed a new round of funding from investors including American Express, Visa and Sequoia Capital, valuing the San Francisco-based company at $5 billion.
Vineet Anand's insight:

Stripe signs deal with Visa for website 'buy buttons' and payment security. The company is now valued at $5B!

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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.