1. Covid was a huge pull-forward
To be expected. But still, impressive.
Stripe brought on *2 million* new companies since the start of 2020, aided by e-commerce gaining share.
To be expected. But still, impressive.
Stripe brought on *2 million* new companies since the start of 2020, aided by e-commerce gaining share.
2. Stripe has scaled but retained performance
The company had 173 *billion* API requests. Performance is seemingly unaffected, even during busy days.
The company had 173 *billion* API requests. Performance is seemingly unaffected, even during busy days.
3. Stripe scaled geographically
The company announced it had opened in 11 new countries. Brazil, Indonesia, and Thailand are high-priorities.
I predicted Brazil and Indonsia would be priorities in Sunday's piece. (Fairly self-evident.)
readthegeneralist.com/briefing/stripe
The company announced it had opened in 11 new countries. Brazil, Indonesia, and Thailand are high-priorities.
I predicted Brazil and Indonsia would be priorities in Sunday's piece. (Fairly self-evident.)
readthegeneralist.com/briefing/stripe
4. They added payment methods
Stripe added 14 in total.
This is place where Adyen has a pretty significant lead. It's good to see Stripe close it.
Doing cool stuff with BNPL providers like
@afterpay_au and super apps like Grab.
Stripe added 14 in total.
This is place where Adyen has a pretty significant lead. It's good to see Stripe close it.
Doing cool stuff with BNPL providers like
@afterpay_au and super apps like Grab.
5. They added iDEAL
Low-key, kind of a big deal. It's a Dutch payment method, which means it's right in Adyen's backyard.
It makes a huge difference in that country (as other methods have elsewhere).
Stripe is starting to go deep, not just broad.
Low-key, kind of a big deal. It's a Dutch payment method, which means it's right in Adyen's backyard.
It makes a huge difference in that country (as other methods have elsewhere).
Stripe is starting to go deep, not just broad.
6. Tax and Identity are the big adds
The two big product releases are Tax and Identity. Both are big deals and open up huge new markets.
The two big product releases are Tax and Identity. Both are big deals and open up huge new markets.
7. Paystack seems to be paying off
"The @paystack team have been on an absolute tear." β @collision
Apparently, processing *more than 1/2* online transactions in Nigeria?!
"The @paystack team have been on an absolute tear." β @collision
Apparently, processing *more than 1/2* online transactions in Nigeria?!
8. They showcased a new product paradigm
Stripe organized its product stack into these layers. It's a useful framework.
We should expect tons more "business solutions" in years to come.
Stripe organized its product stack into these layers. It's a useful framework.
We should expect tons more "business solutions" in years to come.
9. They make hardware now?
Stripe isn't giving up the offline game. Instead, they've stepped up their efforts by adding their own hardware to Terminal.
Expect to see more of these at stores near you...
Stripe isn't giving up the offline game. Instead, they've stepped up their efforts by adding their own hardware to Terminal.
Expect to see more of these at stores near you...
10. There classic moments of delight
For example, when one speaker talked about the tax on bagels, this little CTA appeared at the bottom of the screen.
Classic Stripe.
For example, when one speaker talked about the tax on bagels, this little CTA appeared at the bottom of the screen.
Classic Stripe.
Stripe might be the most interesting company in the world.
If you want to better understand it, join +36,000 others and check out this free report :)
readthegeneralist.com/briefing/stripe
If you want to better understand it, join +36,000 others and check out this free report :)
readthegeneralist.com/briefing/stripe
Oh, also I was rushing to take a screenshot and accidentally took this gem
too funny not to share π
too funny not to share π
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