Tax is such a Stripe-shaped problem: intricate and highly complex for any business to figure out on its own... but also very unlikely to be a meaningful differentiator for that business. Hire an API to do it. Focus your energy elsewhere.

The internet makes most things about commerce easier, but checking someone's ID isn't one of them. Now you can check IDs online with a few clicks or an API call via Stripe stripe.com/identity

The platform economy is massive. The platform economy is just getting started. Both are true. By 2025 30% of all global economic activity will be mediated by platforms, up from just a few percent in 2020. Join Stripe Sessions tomorrow to hear more: sessions.stripe.com

Stripe is building the "AWS of fintech". Nailed it. startuppitch.substack.com/p/stripe-tools…

Becoming a bank in the US fell out of favor after the financial crisis (regulation 📈, fed funds rate 📉.) Most new financial service ventures ran over-the-top of existing license holders. Square is the most prominent example to date that seeks to prove banking is back.

Every other industry mailer: Nothing to see here, definitely not a credit card in this nondescript white envelope, probably just a boring bill from a company in Ohio or Delaware, nothing worth stealing, move along please... Cash App : Bring it.

Lots of creativity in the market around using embedded financial services to solve a diversity of "non-finance" problems. @trustdotco is creating a digital wallet + card solution to help startup marketers gain leverage against the big cos in competitive advertising markets.

To be, or not to be, a bank. via Simon Taylor "If an app has all of the features of a bank (and more) with a better UX, it has a real chance of winning market share and revenue. Banks will always struggle to ship at the same pace as non-banks." linkedin.com/pulse/fintech-…

Fascinating to see the diversity of business models being built for the creator economy. Cloud computing and mobile devices essentially removed limits on creativity in software. Embedded finance APIs are doing the exact same thing in fintech. theverge.com/2021/9/1/22651…

Think anyone's excited about this whole "embedded finance" thing? 😅

Top creators and influencers have been turning their content into a career quite effectively for a while, but over the past year advances in creation, distribution, and monetization tools made this possible for a much broader population of people. stripe.com/blog/creator-e…

For global banks, embedded finance is the new branch strategy. Goldman's Hari Murthi on the Stripe banking-as-a-service partnership: "We don't have a branch strategy at Goldman Sachs, so this was an effective way to capture small and medium businesses through partnerships."

The democratization of the Creator Economy is picking up pace. There have never been more ways to earn a living off of your creativity. techcrunch.com/2021/12/01/tik…

Banks wound down SMB lending after the financial crisis. Too hard to acquire, too risky to underwrite. Now software platforms like Jobber are filling the void with Stripe Capital. SMBs that accept Capital loans grow revenue 114% faster than comps. Win-win. stripe.com/newsroom/news/…

The first credit reporting was in the 1800s when a group of tailors started swapping info about customers that didn't pay bills. The prevailing system isn't THAT different today. Imagine a world where you get credit based on TikTok followers. It's here. trykarat.com

Is a "free" product really free? Even if YOU don't pay someone always does. That used to mean selling ads or data. Fintech capabilities like card issuing let you price at free for users and create revenue WITHOUT selling ads or data. Eg read about Ramp stratechery.com/2022/an-interv…

Introducing Stripe Financial Connections. 🤝🏦 ✅ Verify bank accounts ⚖️ Check account balances 👤 Confirm account ownership 🧾 Retrieve historical transactions stripe.com/financial-conn…

First: the Great Resignation brain drain. Then: the macro-induced cost control. This one-two-punch has left a lot of companies looking to squeeze more out of their existing tech estate through integration and automation. Exciting times at MuleSoft ! salesforce.smh.re/1WzY