In January 2021, Stripe raised $600 million at a $95 billion valuation, making it the most valuable private company in the United...
In 2013, David Vélez spent two weeks trying to open a bank account in São Paulo. The process required multiple branch visits,...
On November 3, 2020, Chinese regulators suspended Ant Group’s dual listing in Shanghai and Hong Kong, two days before what would have...
In January 2020, Visa announced it would acquire Plaid for $5.3 billion. Plaid, a company that most consumers had never heard of,...
In 2010, Patrick Collison was 21 years old, living in Palo Alto, and frustrated by how difficult it was to accept payments...
In 2011, Sequoia Capital invested $2 million in Stripe’s seed round at a valuation of roughly $20 million. By 2024, that stake...
In 2021, Tiger Global Management made 328 investments across all sectors, roughly one deal every 26 hours. A significant portion went to...
On January 28, 2021, Robinhood restricted trading in GameStop stock after a Reddit-fuelled short squeeze drove the share price from $17 to...
In 2016, the UK’s Financial Conduct Authority launched the world’s first regulatory sandbox, allowing fintech startups to test products with real customers...
In November 2024, Klarna filed for an initial public offering in the United States, seeking a valuation of roughly $20 billion. Two...
When Max Levchin pitched Affirm to investors in 2012, he had a specific advantage that most fintech founders lack: he had already...
In 2020, Chime was the fastest-growing digital bank in the United States, adding millions of customers monthly and reaching a $14.5 billion...
In July 2015, Revolut launched in the United Kingdom with a single product: a prepaid card that offered interbank exchange rates for...
In 2023, Adyen processed 939 billion euros in payment volume through a single platform that serves McDonald’s, Spotify, Microsoft, and thousands of...
On April 14, 2021, Coinbase went public through a direct listing on the Nasdaq. The cryptocurrency exchange opened at $381 per share,...
In 2009, Jim McKelvey, a glassblower in St. Louis, lost a $2,000 sale because he could not accept credit cards. He called...
In November 2022, FTX collapsed in spectacular fashion. The cryptocurrency exchange, valued at $32 billion just seven months earlier, filed for bankruptcy...
In 2010, Y Combinator, a startup accelerator known primarily for funding software companies, accepted a payments startup called /dev/payments into its Winter...