Company Presentation by Rodney Sherwin Shibu on Stripe and Stripe's Payment Processing products
Size: 4.57 MB
Language: en
Added: Oct 30, 2019
Slides: 15 pages
Slide Content
Rodney Sherwin Shibu (rodneyss)
Problems
•Developers have trouble integrating
payments
•Small business are unable to
efficiently process payments
•Fraudulent activity is commonplace
online
Solutions
Persona
•Graduated from U of M with CS
degree
•Sells handmade jewelry products
•Runs her own website
•Opening brick and mortar store
soon
Business Model
”We only make money if you make money” -Patrick
Collison
2.9%
+ $0.30
Credit/ Debit Card
Fees
ACH
0.8%*
*Capped at $5
Stripe Terminal
2.7%
+ $0.05
History
Jan 2010
Y-Combinator
Sep 2011
US Launch
Mar 2013
First
Acquisition
Jan 2015
Stripe Radar
Feb 2016
Stripe Atlas
Sep 2019
Financial
Services
About the Founders
Patrick and John Collison, Stripe Co-Founders
What’s HOT
•Developer-first product
•Marketed by word-of-mouth
•Transparent pricing
•Cutting-edge fraud detection
Secret Sauce
Competition
POS Terminals
International
Payments
International
Marketplaces
Suitablefor Low-
Volume Businesses
My Prediction
•New Products
•Diversification within Fintech Space
•International Expansion
•No IPO in near future