Fintech (And indeed Stripe, Square and Plaid in particular) are grossly overvalued. They all play the hype game, with statement such as "Stripe powers the inter

Fintech (And indeed Stripe, Square and Plaid in particular) are grossly overvalued. They all play the hype game, with statement such as "Stripe powers the internet". Way too many people are buying into those valuations without looking at the fundamentals.