Why is stripe so bullish?

Another start-up in Silicon Valley is rising, and stripe, a mobile-payment start-up, has announced a new round of fundraising of $70 million trillion, which is valued at $3.57 billion trillion, a doubling of the financing valuations of the year. Stripe's valuation has been rising rapidly and the market is hot, with the popularity of mobile devices, Apple this year also launched a Pay Apple, the size of mobile payments will usher in a burst.

But we are more concerned about its products than the stripe of capital, stripe is not creating a simple payment tool, but an efficient connection that is expected to become a basic application like a communication tool.

Existing payment tools are more cumbersome, they are mostly linked to consumers, users must have an account, but also with businesses, banks docking, start-up companies to access the payment function has to deal with so many institutions, a lot of energy consumption. The stripe way is like Bitcoin, hitting the target directly.

Stripe is only for developers, developers need only one mailbox, some copy, paste, 5 minutes to deploy the necessary tools for the transaction, and then add some code and application API password, complete personalized payment services.

Unlike PayPal and other payment tools, stripe is not limited to payment methods, but rather focuses on creating tools to address the underlying problems of Internet transfer. Instead of simply imitating the offline model, it creates a new service and application.

For the Lyft company, they had a very cumbersome payment system that paid drivers a week and spent 4 of them, and now all the passengers ' payments are pushed directly into the driver's bank account. For Lyft, payments are the same infrastructure as cloud services, and should not be spent on them, stripe help them solve the problem.

So stripe is more like building a financial-trading infrastructure, which, from the current momentum, has the potential to be an infrastructure that currently deals with billions of of billions of dollars a year, with thousands of business users, so it's not surprising that valuations are growing fast.

Charge mode, stripe charge 2.9% of the transaction amount and 0.30 United States dollar uniform handling fee as a commission, this fee is the same as PayPal.

Yes, stripe Founder's experience is also very wonderful, the two brothers Atrick Collison and John Collison age only 23, 25 years old, respectively from MIT, Harvard University dropout business, by Peter Thiel interview and investment (with the small god sync), investors and Marc Andressen, Sequoia Capital, Elon Musk, many are palpay, stripe is also a strong opponent of Palpay.