1. They might actually know what they are doing or 2. they aren't doing payments... | Hacker News

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		zackzackzack on May 8, 2013 \| parent \| context \| favorite \| on: Aaron Greenspan sues Facebook, Sequoia, Andreesen,... 1. They might actually know what they are doing or 2. they aren't doing payments of the sort that needs this sort of license.

count on May 8, 2013 [–]

Stripe is backed by Wells-Fargo, aren't they?

pjg on May 8, 2013 | [–]

Stripe uses Wells Fargo as an underwriter for the Merchants it on-boards. Wells Fargo did not invest in their earliest rounds but may take an equity stake in later/future rounds.

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