Where Stripe’s new mega-valuation places it among payment companies ...Middle East

Economy by : (Quartz) -
Stripe’s valuation has more than doubled from a year ago to $95 billion, putting the fintech into the upper echelons of the world’s most valuable payment companies.Despite the highflying fundraising round, age still comes before beauty in the business of digital transactions. At 11 years old, the quickly diversifying Stripe can hardly be called a startup any longer, but it’s still much younger than Visa, the credit card network, and PayPal, which pioneered payments for online commerce, each of which have market capitalizations in the hundreds of billions. It can take many years to build a payments network, but the companies that avoid disruption long enough to do so can become profoundly val

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