testin🌌Are you ready to embark on a journey through the cosmos of fintech and tech wonders?🚀 The Thursday morning update unravels a galactic tale of Stripe's meteoric rise 😮 to a valuation of $65 billion through an employee stock-sale deal, but that's not all— a tender offer for liquidity awaits. Adyen and Qoo10 have joined forces, so expect smoother payment processes ahead. Dwolla has set its sights on launching groundbreaking services, so anticipate a revolution in account-to-account payments. 🪐But wait, the saga continues with Dropbox, Affirm, Square, Klarna, and Instagram unveiling their own celestial innovations within their niches.🛸 Through these cosmic endeavors, we witness the pulsating heartbeat of the financial and tech universes, so full of growth and innovation. Companies are expanding, partnering, and introducing services, so brace yourself for the technological whirlwind reshaping our digital future. Amidst successes and challenges, we glimpse the competitive marketplace transforming towards enhanced digital experiences. So, what cosmic breakthroughs will unfold next in this fast-paced galaxy of finance, payments, and tech? 🤔 ⭐️Seize the opportunity to navigate your own stellar trajectory by being proactive and promoting yourself! Visit us at https://lnkd.in/gUxjfrt7 for 30 days of social media posts.⚡️ #fintech #techsector #innovation #financialservices #digitaltransformation #cosmicevolutions #technologicaladvancements
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What do Square, DiXiO, Expensify, Stripe, and Plaid all have in common? They’ve mastered how to launch and scale fintech cloud products with impact! In this post, I'm highlighting the core services, unique approaches, and growth models that made these companies stand out. Whether it’s Square’s ease of use for SMBs, DiXiO’s consistent innovation and trust-building through partnerships, or Stripe’s developer-first mindset—each one offers valuable insights into winning a competitive market. Check it out to see how these strategies can fuel your next big fintech move! #Fintech #Dixio #GoToMarket #CloudSolutions #ProductLaunch #GrowthStrategy #Innovation #BusinessSuccess #Payments #SWIFT #APIs
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🔮 Exciting News Alert! 🚀 WeTransfer is now rolling out integrated payments powered by Stripe to all users worldwide. This is a major game-changer for the platform and its users, bringing more convenience and efficiency to the table. 🌟 As we move towards a more interconnected digital world, the integration of payments on WeTransfer is a strategic move that aligns with the growing demand for seamless transactions online. 🚀 With the implementation of integrated payments, WeTransfer is set to enhance user experience, streamline processes, and ultimately boost overall customer satisfaction. 🔮 I predict that this move will not only facilitate smoother transactions but also open up new opportunities for e-commerce and digital creators utilizing the platform. 🌟 The collaboration between WeTransfer and Stripe demonstrates a commitment to innovation and staying ahead of the curve in the ever-evolving tech landscape. 🚀 This integration paves the way for more synergies between platforms and payment gateways, setting a new standard for user experience in the digital realm. 🔮 Keep an eye on this development as it unfolds, as I anticipate it will drive growth, increase engagement, and potentially spark a wave of creativity and monetization opportunities for users on the WeTransfer platform. #WeTransfer #Stripe #IntegratedPayments #Innovation #DigitalTransformation
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🌌 Are you ready to embark on a cosmic journey through the pulsating heart of tech innovation and enterprise excellence? Soar with me into the captivating realm of digital advancements and captivating industry updates as we uncover the thrilling saga of March 14, 2024. ⚡️ Stripe electrified the fintech landscape, surging past $1 trillion in payment volume, solidifying its reign with a staggering 25% increase. But what does this mean for the future of digital transactions and economic empowerment? Unleash your speculations! 🌐 Witness the cosmic tides of change as Pinterest enacted a global communications restructuring, prompting the departure of multiple staff members. What mysterious forces are at play in the digital galaxies, and what impact will this have on the platform's trajectory? Share your insights! 🍎 Behold as Stripe unveils the cosmic marvel of Apple Pay Later support as a standard feature for all merchants, sparking a revolution of convenience and accessibility for users. But what implications does this hold for the cosmic dance between technology and finance? Share your cosmic wisdom! 🚀 Meanwhile, Adyen forges new frontiers in San Francisco through a galactic sublease agreement, while Snapchat and OptimizeApp join forces to empower small and medium-sized enterprises for cosmic success. How will these alliances shape the destiny of digital communications and business evolution? Venture your predictions! ⚔️ Amidst this cosmic symphony, witness the rise of Aaron J. Webster as the Executive Vice President and Chief Enterprise Services Officer at PayPal, while industry titans like Instagram, Klarna, and Facebook vow to enhance their offerings and navigate the cosmic challenges of compliance such as GDPR. What cosmic transformations will these endeavors bring to the tech empire? Let your visionary spirit soar! 🔥 As the cosmic currents of digital evolution surge forward, let us heed the call to action! Empower yourself with knowledge, harness the energy of innovation, and embrace your cosmic potential. Together, we shall shape our destinies and thrive in the ever-expanding digital cosmos. Join the cosmic revolution and elevate your presence in the digital universe by visiting us at https://lnkd.in/gUxjfrt7 for 30 days of social media posts. 🚀 Let the adventure begin! #TechInnovation #DigitalTransformation #FintechRevolution #CosmicEnterprise #Empowerment #DigitalEvolution #FutureOfTech
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Klarna's AI Shift Klarna, having already dismissed over 1000 employees partially due to AI advancements, is now planning to cut its current headcount from 3,800 to just 2,000 - almost halving it - over the next few years. With service times reduced from 11 to 2 minutes, an increase of 73% on revenue per employee and reverting negative results to whooping €66mi profit, the company’s IPO valuation is estimated to reach $20 billion. Albeit undeniably aggressive in its approach, Klarna is a prime example of how AI is not just influencing but revolutionising the business landscape. Scary or impressive? https://lnkd.in/eubW3WkY #ai #fintech #business #ipo #artificialintelligence
Klarna to use AI to halve workforce
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Plaid vs. Stripe: Choosing the Right Platform for Your Business Plaid and Stripe are two key players in the fintech space, each catering to different business needs. · Plaid specializes in connecting apps to users' bank accounts, making it ideal for fintech startups and businesses that need secure, real-time financial data access. It's perfect for apps offering personal finance management, account verification, or tailored financial services. · Stripe, meanwhile, excels in payment processing for e-commerce, subscription services, and global businesses. With support for multiple payment methods and currencies, Stripe is the go-to for businesses needing scalable, flexible, and developer-friendly payment solutions. Which to Choose? Use Plaid if your business requires direct bank account access and financial data integration. Opt for Stripe if you need robust payment processing, global reach, and the ability to scale with your business. Each platform offers strong APIs and security, so your choice should align with your specific goals and operational needs. #Fintech #Payments #Plaid #Stripe #Ecommerce #FinancialServices #BusinessGrowth
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𝗦𝘁𝗿𝗶𝗽𝗲’𝘀 𝗩𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻 𝗦𝗸𝘆𝗿𝗼𝗰𝗸𝗲𝘁𝘀 𝘁𝗼 $70 𝗕𝗶𝗹𝗹𝗶𝗼𝗻: What’s Behind the Surge? 🚀💸 Stripe’s valuation has just hit a stunning $70 billion! Sequoia Capital is snapping up shares, signaling strong confidence in this fintech giant's future. But what is fueling this massive valuation? 4 key Highlights: Sequoia's Big Move: 💼 Sequoia Capital is offering to buy Stripe shares at $27.51 each, targeting investors from 2009 to 2012 who might want to cash out. They're set to purchase up to $861 million in shares. Impressive Valuation: 💰 Stripe’s valuation has climbed to $70 billion, a notable increase amidst rising interest in fintech. In comparison, its closest competitor, Adyen, trades at a market cap of $39 billion. Massive Payment Volume: 📊 Stripe processes over $1 trillion in payments annually, rivaling Adyen in both volume and growth rate. This impressive scale underscores Stripe’s significant market presence. Market Share Insights: 🌐 Stripe dominates the payment processing landscape with an estimated market share of 38.65%, surpassing competitors like PayPal and Authorize.net. Adyen holds a market share of 0.33%. What do you think about Stripe's valuation and its impact on the fintech landscape? 💬🔍 #Fintech #Investment #Stripe #Valuation #MarketTrends #Adyen
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✨Competition day 4 ✨ What Is Financial Technology (Fintech)? Financial technology (better known as fintech) is used to describe new technology that seeks to improve and automate the delivery and use of financial services. At its core, fintech is utilized to help companies, business owners, and consumers better manage their financial operations, processes, and lives. It is composed of specialized software and algorithms that are used on computers and smartphones. Fintech, the word, is a shortened combination of “financial technology.” ✨ Stripe Stripe is the fintech transforming the world of online payments infrastructure. Today, the fintech serves the financial infrastructure needs of some of the biggest organisations in the world, including Amazon, Meta, Target Corp and Sony. Known for its APIs that allow web developers to incorporate payments processing into mobile apps and websites, Stripe continues to sit at the peak of fintech innovation with new products and services. It recently introduced Data Pipeline, a service facilitating data synchronisation, and Stripe Financial Connections, a tool granting businesses direct access to customers’ bank accounts. #CIB_Summer _Internship2024
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Yesterday I had the pleasure to talk to Krish Ramachandran from SaaS22 about AI and how it might be the biggest technological shift of our lifetime. Thanks for having me Krish! #saas #ai
Scaling SaaS businesses through AI-Powered Marketplace | Founder and CEO SaaS22 Inc | Prev VP Partnerships at Clevertap | $1M to IPO at Freshworks |
Emulating Klarna Had a chance to speak with Jens Dressler - founder of graphapi® on this last night (interview to be published soon) In a bold move, Klarna recently announced a significant shift in their operational strategy by parting ways with several major SaaS providers like #Salesforce and #Workday. Instead of relying on traditional software solutions, they're embracing #AI to reimagine their workflows. Jens has seen 3 tech bubbles (starting with the Y2K!) and yet believes this is the “greatest technology shift he will see in his lifetime” He believes that for companies looking to stay ahead of the curve, now is the time to consider how to emulate Klarna's innovative approach. Klarna developed AI tools and workflows internally but majority of businesses can’t afford to do so as they do not possess these tech capabilities in-house - presenting a gold rush for new age SaaS vendors / AI native tools and channel partners who specialise in this area It’s the dawn of a new era ☀️ #6am #thoughts #morning😄
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🗞️ 5 news I enjoyed reading this week as a fintech founder 1️⃣ Stripe employees and investors have sold $694M of shares in a secondary sale, marking the first major liquidity event for a while in the space. 2️⃣ Google is launching a new pricing test on Workspace, increasing prices by more than 16% for some users. 3️⃣ The first e-Invoice has been successfully sent in the US, marking a first step in the adoption of paperless B2B payments in the country. 4️⃣ Spendesk announced they'd acquired Okko to make a move into the very hot procurement space. French scale-ups buying French early-stage companies is a very strong signal for the ecosystem. 5️⃣ Paris Saint-Germain qualified for the Champion's League semi-final, nothing to do with fintech but ... QUEL KIFF PUTAIN 🔥 Links to articles in the first comment 👇
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Industry insights --- There are tech companies then there are "Fin-tech" companies. Fin-tech startups are basically those organizations which work in the area of enabling payment gateways for individual users but especially large businesses and corporate sectors, whenever you do payment on a website notice how it redirects to another page which is basically a gateway? That's where companies like Stripe & PayPal come in the role. These companies are a perfect blend of financial as well as technical roles and one would grow a lot professionally in these firms, if I have to pick between Stripe , PayPal & Square , I would choose Stripe for it's simple and easy structure and straightforward payments system. :) #stripe #paypal #fintech #softwaredevelopment #computerscience
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