It’s very hard to know what’s going on inside privately-owned Stripe. But from the outside, things have not been looking good. The fintech industry has tanked. Cash-hungry companies have tanked. Growth companies have tanked. Stripe’s closest peer is probably Adyen, a Dutch payments processor. Adyen leans a bit more Europe and a bit more point-of-sale, but it’s not a bad match in its size and product mix. Adyen is a public company so we can see exactly what the market thinks of it. Its shares have fallen 44 per cent from their peak in October of last year. Another straw…
Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators. Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts. Annual membership is just €200 for the first year, a saving of €100. Or try The Currency for the first month for a special introductory rate of €5, a saving of €20. Cancel at any time. To become a member today click here.
Join The Currency
INTRODUCTORY OFFER: Full annual membership for just €200.