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Re:Stripe Financial Connections by axg11 on Wednesday May 04, 2022 @12:30PM (#31262700)
This is bad. Stripe doesn't have to provide the best service here. A lot of companies already use Stripe making the barrier to trying this out very low. Likewise for startups, if you're already trying out Stripe billing for your MVP you're more likely to use another Stripe product than to try out Plaid.
Re:Stripe Financial Connections by kadomony on Wednesday May 04, 2022 @12:34PM (#31262759)
I'd agree. A startup looking to use Stripe Atlas now has access to this for standing up their services? Plaid is basically disqualified from the start, given how cohesive the Stripe platform is.
Re:Stripe Financial Connections by astlouis44 on Wednesday May 04, 2022 @03:59PM (#31265066)
Yeah exactly this, Plaid is probably in for a rough ride long term. Stripe will likely steamroll them.
Re:Stripe Financial Connections by twelve40 on Wednesday May 04, 2022 @08:30PM (#31267810)
i think it actually does. Connectivity is important, and if connections break often, then fintech will look elsewhere. It's not a matter of which color is a button, users get pissed off and leave. So the connectivity better be good.