Stripe's growth continues as it passes $1 trillion in payments volume 😳; N26 turbocharges European expansion with high-yield savings accounts 💸

FinTech is Eating the World, 13 March

Hey Everyone,

Good morning! Today’s issue is especially interesting as we’re going to look at the latest performance from FinTech giant Stripe (how big is the $1 trillion milestone, what does it tell us & what’s next + bonus deep dives into Adyen, PayPal & more) and N26 that aims to turbocharge its European expansion with high-yield savings accounts (what it’s all about & why it makes sense + bonus dives into N26 and their strategy). Let’s jump straight into the awesome stuff 🌶

Stripe's growth continues as it passes $1 trillion in payments volume 😳

The news 🗞️ FinTech giant Stripe just published its annual letter in which it revealed that the payments heavyweight has processed over $1 trillion in total payment volume in 2023.

This massive milestone, achieved just 13 years after Stripe's founding, represents an impressive 25% year-over-year increase 😳 Solid work!

Let’s take a closer look at this, uncover all the key details, see how Stripe stacks against Adyen, and think about what’s next.