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Stripe processes in the area of $350-400bln annually, which is equivalent to about 1/10th the GDP of the U.K. That's absolutely enough volume to see macro trend
by tomnipotent 4y ago
Stripe processes in the area of $350-400bln annually, which is equivalent to about 1/10th the GDP of the U.K. That's absolutely enough volume to see macro trends as it relates the classes of merchants they support.
- spamizbad 4y agoFIS, which I don't even think is one of the largest, does over 600B per quarter in the globally and 12 figures yearly. Stripe needs to 6-7x its processing to be one of the largest.
- tomnipotent 4y agoWho said anything about being the largest? The question was whether they have sufficient data to make predictions about future trends, especially as it applies to their business.