[Stenerson]

If the average transaction is $500 and they move $350MM a year, that's only $175,000 in revenue. I know they are still a young startup but that's certainly a less sexy number than the headline tries to imply.

Am I missing something?

[Jyaif]

Money isn't everything, I think he's more interested in changing the world: those 2% banks take for every transaction is a relic from the past that still exist because of a lack of competition, and the greed of those who dared to compete. I am really impressed by this guy.

[omarchowdhury]

Those 2.0% the bank take for every transaction is because they own the transaction network.

[nate_meurer]

I think the more impressive stat is the growth in volume. Explosive it is.