Stripe is giving off early Google vibes - for good and for bad
Article excerpt
Highlighted: the sentence this signal was extracted from
Good morning, it's finance editor Jeff John Roberts pinch-hitting for Allie. Term Sheet readers of a certain age may recall when a young and still up-and-coming company called Google went on an acquisition spree for the ages. In a four-year span starting in 2003, the search giant hoovered up two ad tech firms, DoubleClick and AdSense, that gave it a full suite of digital advertising tools. And for good measure, it acquired the firm that built the tech behind Google Earth as well as two little startups called Android and YouTube. That shrewd run of M&A is a big reason why Google, now Alphabet, is today one of the dominant companies on the planet. I raise all of this because Stripe has been on a shopping spree of its own that, if things go right, could one day prove as successful as what Google pulled off 20 years before. Leaving aside its aborted play for PayPal (more on that in a moment), Stripe has since late 2024 acquired two crypto players, Privy and Bridge, that were leaders in the fields of wallets and stablecoins respectively. The fintech giant has also purchased a firm called Ourum that specializes in account verification and bank transfers, as well as Metronome, which handles usage-based billing. For good measure, Stripe this month closed on a deal worth around $7.5 billion for the buzzy AI distribution service OpenRouter. Put it all together and Stripe, like...
Keep reading with a free account
The rest of this article, and every signal for Stripe, is in your free account.
