Re:Stripe down for 4 hours (and counting) for all those with...
by joshmanders on Tuesday August 23, 2022 @01:21AM
(#32560736)
> Just wild that AMEX and other banks have zero issue giving us a limit 3-5x that (verified it today!) but Stripe can't.
Probably because Stripe is about 50-60B in valuation lower than AMEX and AMEX is a bank with long history with the government so bailouts are probably a high possibility for them to play loose like that. Stripe not so much.
Probably because Stripe is about 50-60B in valuation lower than AMEX and AMEX is a bank with long history with the government so bailouts are probably a high possibility for them to play loose like that. Stripe not so much.