“There are more headwinds to global economic integration than there were any time in the past 20 years,” Collison said. So, it’s natural that Collison would see impediments to global trade as “obviously a bad thing.”Yet, Stripe’s backers remain optimistic. One thing that could drive further momentum for the business, according to Collison, is that red tape makes Stripe more valuable to companies. He declined to comment on plans for an initial public offering.Collison said Stripe benefits when online commerce grows. But if books, magazine articles and an online community can help someone make the jump to starting an online business, Collison reasons, then they might choose to accept payments through Stripe.“These are not just feel-good projects,” Collison said.

Source: Economic Times February 07, 2019 04:41 UTC