I like what you're saying but I don't think becoming a bank is the solution or the path they should take. If you want to use your Google analogy, then that's like saying Google should be the largest advertising agency in the world that every company should deal with. Take a look at your own article on Kaspi, Super Apps are rising to becoming tech category on their own, that's likely where the next Google is going to come from.
Stripe is the next google in the sense that today a non-trivial amount of internet e-commerce is facilitated by them (and growing). Their foray into lending gave me a hint to ideate what Stripe as a bank could look like. But as I wrote, it is not what they set out to do. I think they're genuinely motivated by growing internet commerce and infra. In that sense, whatever is adjacent to that mission, will be relentlessly executed.
Thanks, I see what you mean. Yeah I do think sticking to internet commerce and infrastructure is more beneficial to more people at less cost to them than getting into Banking. Good discussion, thank you
I like what you're saying but I don't think becoming a bank is the solution or the path they should take. If you want to use your Google analogy, then that's like saying Google should be the largest advertising agency in the world that every company should deal with. Take a look at your own article on Kaspi, Super Apps are rising to becoming tech category on their own, that's likely where the next Google is going to come from.
Stripe is the next google in the sense that today a non-trivial amount of internet e-commerce is facilitated by them (and growing). Their foray into lending gave me a hint to ideate what Stripe as a bank could look like. But as I wrote, it is not what they set out to do. I think they're genuinely motivated by growing internet commerce and infra. In that sense, whatever is adjacent to that mission, will be relentlessly executed.
Thanks, I see what you mean. Yeah I do think sticking to internet commerce and infrastructure is more beneficial to more people at less cost to them than getting into Banking. Good discussion, thank you