Stripe getting ready for IPO?
CNBC
No.
NO, there is no reason to
Why? Don’t the investors want to cash out at some point.
Just so that you know, JP Morgan processes $10 trillion in payments . . . every day. https://www.jpmorgan.com/payments#:~:text=At%20J.P.%20Morgan%2C%20payments%20are,170%20countries%20and%20120%20currencies.
Do you even understand anything about payments tech? JPMC is a bank that processes a lot of transactions that are ACH’s that does not count towards end goods purchases. Comparing that stat with Stripe’s PV is the most ridiculous argument. Look at Visa’s PV for past few years. 2023 https://annualreport.visa.com/financials/default.aspx 2023 their volume was 12.3 trillion. And Visa is more valuable that JPMC.
As per the page, it is their payment solution volume not the entire banking volume.
No