JC Bahr-de Stefano
@jbahrdestefano
Doing things
such as
Investing in fintech @btv_vc 💸
Running 🏃 and playing footy ⚽
Writing ✍️+ thinking out loud 🤔
加入 October 2019
1.9K 正在关注 3.6K 粉丝
Wow apparently @Shopify has been quietly stacking money transmitter licenses. MTLs are state-by-state licenses that let a company legally hold customer funds + move money on their behalf
Getting MTLs means they would be able to hold and move funds themselves, instead of routing everything through @stripe
Shopify did $378 billion in GMV in '25 --> owning the rails = owning more of the economics
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