What makes Checkout.com different from Stripe [TechCrunch Blog]
JP Morgan Chase & Co. (JPM)
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Source: TechCrunch Blog
WhileCheckout.comraised $380 millionYou might think that it sounds a bit like Stripe. In an interview atTechCrunch Disrupt“We only do enterprise. We really only work with the big merchants. There are a few exceptions here and there but it’s mostly enterprise-only and it’s purely online,” Pousaz said.“I once met [Stripe CEO] Patrick Collison and I joked with him. I said you might have a million merchants, I have 1,200 merchants but I know every single one by name and they all process tens of millions every year. So I think it’s just a different business,” he added later in the interview.Checkout.com now has a ton of money sitting in its bank account, but it has been a long and slow journey to reach that level. The company has been around for many years and reached profitability in 2012. It has been spending very meticulously over the years.When talking about the early days of the company, Pousaz said the team grew really slowly. “We can hire one employee this month. Now we can hire two
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