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Fintechs are in decades-long missions
#1 · April 6, 2023, 11:39 AM
That is a lot of money processed and it does show that Stripe is emerging at a very fast rate:: "Financial services company Stripe has revealed that it processed more than $817 billion in 2022, up 26% from 2021, where it processed $640 billion. The company, which currently has a valuation of $50 billion, disclosed that it now has more than 100 companies, each processing more than $1 billion in payments on the platform." PayPal did about $1,363 billion.
“It may feel as if everything has gone online, but 90% of purchases still happen in person” – Stripe. Yes, fintech companies (local and global) have decades-long missions, not just in America and China, but also in Africa.