Why Stripe’s $1bn Bridge Deal Signals Fintech Crypto Push
The company launched its APIs in March 2023, during a period of uncertainty in the digital asset sector. “Our first year was hard. The digital asset space was in turmoil. We struggled to find partners and customers,” he says. “After launch, we quickly saw inbound interest from cross-border payments companies.”
Market evolution
Since its founding, Bridge has developed from providing cross-border payment solutions to supporting government aid disbursement across Latin America. The company also created Virtual Accounts, enabling fintech companies such as Dolar App and Chipper Cash to offer USD holdings and spending capabilities globally.
“Today, we’re moving many billions in payment volume,” says Zach. “Their products are giving…
