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OpenRouter uses Stripe to handle payments [1], so this acquisition hopefully will reduce OpenRouter's cost while increasing Stripe's revenue. [1] https://strip
by closetheloopdev 2mo ago
OpenRouter uses Stripe to handle payments [1], so this acquisition hopefully will reduce OpenRouter's cost while increasing Stripe's revenue.
[1] https://stripe.com/newsroom/news/openrouter-and-stripe https://stripe.com/newsroom/news/openrouter-and-stripe
- toomuchtodo 2mo agoStripe seems to appear to be attempting to compete with the US Federal Reserve as the core dollar payment processor while also dipping into the same for tokens. Core value exchange platform, dollars, tokens, whatever. A bit of a less exciting version of Dune. “The transaction volume must flow.”
- bix6 2mo ago> Every company in the Forbes AI 50 that monetizes does so on Stripe. That’s chilling.
- HDBaseT 2mo agoStripe started as a result of the PayPal Mafia. "In 2011 the company received a $2 million investment, including contributions from Elon Musk, PayPal founder Peter Thiel" [1]. Also fun fact from the Founder's Wikipedia page "In November 2024, Collison was criticized for visiting Israel and posting an image with the Israeli flag,[31] amid the Gaza war."[2] [1] https://en.wikipedia.org/wiki/Stripe,_Inc https://en.wikipedia.org/wiki/Stripe,_Inc. [2] https://en.wikipedia.org/wiki/Patrick_Collison https://en.wikipedia.org/wiki/Patrick_Collison
- WhereIsTheTruth 2mo agocough TaxJar, acquired by Stripe, they ended up doubling the price Rebilly, same story Lemon Squeezy, same story Bridge, same story