Why PYPL is dead - Private fintech company "Stripe" hits nearly $2 Trillion in payment volume. Valuation jumps 52%.

Original Reddit post

Author argues PayPal is finished because Stripe has become the default payments provider for AI startups and is growing payment volume rapidly.

PYPL — SHORT The author argues PayPal is 'done for' because Stripe has become the default payments provider for AI companies and vibe-coded startups, with Stripe's payment volume growing by almost an entire PayPal last year. The mechanism is share loss in new-economy payment flows, where developers asking Claude to add payments get Stripe rather than PayPal. The author cites Stripe's near-$2 trillion payment volume and 52% valuation jump as evidence. No explicit risk or timeframe is stated.

Stripe's payment volume grew by almost an entirely PYPL last year. They're the default for literally every AI company, every vibe-coded startup.