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Stripe Is Now a $20B Company

(www.bloomberg.com)
563 points jonknee | 1 comments | 26 Sep 18 18:04 UTC | HN request time: 0s | source
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cloakedarbiter ◴[26 Sep 18 18:17 UTC] No.18078749[source]▶
> Several large new customers have also been listed on Stripe's website this week, including Alphabet Inc.’s Google and Uber Technologies Inc.

If Uber is now running payments exclusively through Stripe instead of Braintree, that is a significant blow. I heard that Uber's payments through Braintree was a significant portion of Braintree's total revenue, don't recall the exact number I heard, but it was something on the order of 25% to 40%.

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djajshgsjja ◴[26 Sep 18 18:22 UTC] No.18078802[source]▶
I wouldn’t assume it’s exclusive. At the scale of Uber, it may be worth keeping both systems running and split usage between the two to negotiate the best rates.
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1. cloakedarbiter ◴[26 Sep 18 19:22 UTC] No.18079359[source]▶
> I wouldn’t assume it’s exclusive.

Ahh yeah, and also at the international scale. The article also states that Stripe is expanding internationally (Didi Chuxing, Grab), so it could be that Stripe handles Uber's international payments, whereas Braintree handles the U.S. ones.