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Stripe


The recent, massive acceleration in ecommerce has created a corresponding increase in online payments fraud. Worldwide, fraud costs businesses more than an estimated $20 billion annually. Plus, for every dollar lost to fraud, the total cost to businesses is actually much higher due to increased operational costs, network fees, and customer churn. Not only is …

Stripe co-founders Patrick and John Collison Source: Stripe The world’s most valuable private fintech company is moving into a new area of banking: loans. Stripe, valued at $22.5 billion after its last funding round, announced the launch of a lending arm called Stripe Capital on Thursday. The new venture is meant to help online companies …