More big news today for the online payments service Stripe which was founded by the Irish Collison brothers as they announce that they will now power all payments on the Kickstarter platform. They’ll be replacing Amazon payments and this is another huge coup for them after landing a string of partnerships including recently being included in Apple Pay .
Founder Patrick Collison
Kickstarter is one of my favorite things on the internet. Delighted to have @stripe help out: https://t.co/5C5iYwynU4 pic.twitter.com/FSxpTnnkey
— Patrick Collison (@patrickc) January 6, 2015
It will be a big deal for Stripe because Kickstarter have already processed $1 billion of payments using Amazon payments and the service continues to grow around the world. With Stripe’s fees being somewhere around the 3% mark this will be another large revenue stream for the rapidly expanding start up. You can see their partnerships below…
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