4 ms·

This does seem to be exactly like PayPal Working Capital, down to the application and fee structure.

• deleted 7y ago
  [deleted]
• adventured 7y ago
  I'm guessing that what Stripe is really bringing to the table here, is what they so often do: considerable simplification of annoying, often slow, red-tape-heavy processes. Their entire existence has been built on that. They look for the burr in the saddle. If PayPal had not been so incompetent with their API, Stripe probably wouldn't have had enough of an angle in the beginning to gain broad traction among developers.
  • dahdum 7y ago
    I agree they simplified payments, but I don't see how they improved this product over PayPal. Both decide almost instantly and don't require a bunch of documentation. Probably hard to improve on that process, but it does look like they are just playing catch up in this small area of their business.
    • GordonS 7y ago
      Well, I for one, given PayPal's notoriety, wouldn't touch their offering with a barge pole. Stripe has a lot of goodwill - that goes a long way.