“A few weeks ago, payments startup Stripe made it significantly easier for collaborative consumption startups to take and process payments.”
Stripe’s platform makes it easier for startups to split money paid for their services into more than one account. This helps facilitate transactions to a great number of service providers under one system – a common pain point for collaborative consumption startups. Other similar platforms in the collaborative payments space include Balanced and BrainTree.
Stripe CEO Collison states that “The part of Stripe that I’ve always found most interesting is the idea of facilitating new commerce that wouldn’t otherwise happen.” Read more about Stripe’s plans on TechCrunch here.
