The president of $20 billion Stripe explains how payments tech could 'change the trajectory of the internet economy'

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The president of $20 billion Stripe explains how payments tech could 'change the trajectory of the internet economy'
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Stripe's John Collison explains the way in which its payments tech is helping grow the entire internet economy.

, who run those major cloud platforms, are turning to Stripe. Collison says that while the largest tech companies definitely have the expertise to build similar services for their own use, Stripe has a focus - and an international footprint — that just makes it easier and more efficient to use.Stripe's international footprint is a big piece of the puzzle, Collison says.

"The internet is expanding, and the markets [customers] want to address are expanding," says Collison."That's kind of what we do, with the payments infrastructure we have," he continued. At the same time, he says, the opportunity is such that the major limitation on Stripe's growth is its own ability to follow through on its plan and keep helping customers all over the world move money around. In that sense, he says, Stripe's focus is on continuing to add new features and tools that solve specific customer needs, and making sure that its technology is as friendly to developers as possible.

"The internet economy is very advertising focused," says Collison."And it doesn't have to be this way."

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