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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Typically, when a company wants to accept payments online, it has to set up a merchant account — a complex process involving legacy infrastructure and manual tasks that could take days or even weeks. Now both companies have moved beyond payments and built new businesses that serve a range of needs for small businesses. Source: Square.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

In December 2017, Amazon’s Alexa Fund participated in a $16M Series A to Greenlight Financial, an alternative debit card issuer aimed at young consumers. With the card, parents can manage spending limits and allocate funds for their children through a mobile app. This investment complements Amazon’s broader push to support SMEs.