727 FinancePANews October 16 news: Stripe CEO Patrick Collison posted that more than a year after Stripe acquired wallet infrastructure company Privy, assets in Privy wallets have grown about 25x, revenue has grown about 9x, monthly active developers have grown about 3x, and monthly transaction volume is approaching $25 billion. Thousands of businesses, including Ramp, Deel, Klarna, Felix Pago, and Hyperliquid, are building embedded banking features on Privy. Stripe is deeply integrating Privy into Treasury, Link, and Connect, with the Link balance feature launching soon. Privy co-founder Henri Stern now oversees all of Stripe's crypto business.
Stripe CEO discloses data one year after Privy acquisition: monthly transaction volume nears $25 billion.
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