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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

In the same way that Square built a payment-centric ecosystem for brick-and-mortar SMBs and micro-merchants, Stripe has reinvented online payment acceptance. Stripe went on to raise a seed round from Sequoia Capital, Andreessen Horowitz, SV Angel, and PayPal founders Peter Thiel and Elon Musk in 2011. Source: Square. Source: Stripe.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

That same year, the company acquired TextPayMe , a peer-to-peer (P2P) mobile service that was relaunched as Amazon Webpay in 2011. Amazon Lending initially launched in 2011 to help small businesses finance and sell more goods on Amazon. Its first entry point in the market was in payments in October 2014.