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N26, Klarna and Revolut are not tech companies. Neobanks are still banks. And Klarna is just modern store credit cards. These have been around for decades. Ady
by qeternity 2y ago
N26, Klarna and Revolut are not tech companies. Neobanks are still banks. And Klarna is just modern store credit cards. These have been around for decades.
Adyen is very underrated, and Spotify is definitely tech.
Stripe should be on the list. DeepMind at one point.
- gizmo 2y agoStripe was founded in California. It's an American business that focused exclusively on the American domestic market in their first years of operation. Many tech companies in the US are founded by immigrants from Europe and elsewhere. That the Collisons chose to start their business in the States is no coincidence.
- Rinzler89 2y agoMany EU start-ups choose to launch their product in the US first due to the 300+ million people market speaking only English, rather than bother with the tiny fragmented markets at home. It's just much cheaper and easier for start-ups if you're developing a SW product to sell it in the US market first and only when you've made money there, slowly bring it in the EU. Starting off SW products in the EU is suicide (unless you're targeting some niche in the local market that's safe from competitors from abroad because it ties into some local idiosyncrasies on language, culture and law).
- dukeyukey 2y agoRevolut is as much a tech company as Netflix or Stripe are - using modern software to fix an old problem.