UPDATED Dumped by Amazon, Unglue.it chooses Stripe as new payment processor
“The silver lining behind our Amazon Payments thunderstorm is that over the past year, some new payments alternatives have emerged. We got red-carpet treatment from three California payments startups, each of them awesome in their own way, each of them a step up from Paypal or Amazon Payments. We’ve chosen one of them to try first, and we’re well along on the way towards implementation in unglue.it. And best of all, the company’s CEO is strongly behind us, so there won’t be the agonizing uncertainty around business approval that we had with Paypal, or the rug-under-pulling we experienced with Amazon.”
What do Hellman and Unglue.it have planned for the future?
"As far as near term goals, the plan for 2013 is to fund 100 books or so," says Hellman. "And obviously there are millions of books to go."