Will Rainforest give Stripe a run for its money? 😳; The cryptocurrency bull market is already here 📈; Block cuts staff 👀
FinTech is Eating the World, 9 October
Hey Everyone,
Happy new week! Due to health issues (I’ve been terribly under the weather since Sunday), yesterday’s issue is coming out today. But it’s absolutely worth the wait as we’re going to look at Rainforest which is trying to give Stripe a run for its money (why it’s a company you must keep your eye on + some solid bonus reads), the cryptocurrency bull market, which is already here (what’s happening + where to look at), and Block that cuts staff again (what does this tell us?). Let’s jump straight into the interesting stuff 🌶
Will Rainforest give Stripe a run for its money? 😳
Following the trends 📊 The payments processing space has long been dominated by legacy giants like Fiserv FI 0.00%↑ and FIS FIS 0.00%↑. But in recent years, Stripe has disrupted the industry with its developer-friendly tools and APIs.
Now a new FinTech startup Rainforest aims to compete head-on with Stripe in a specific market segment - software platforms.
Let’s take a closer look at this and see why it could be big.