Remove 2024 Remove compliance Remove Marketplace as a Service
article thumbnail

5 Interesting Learnings from Circle at $2.3 Billion in “ARR”

SaaStr

in revenue in 2024, with 99% coming from interest income on USDC reserves. Circle paid $908 million in distribution costs to Coinbase in 2024 while generating only $156 million in net income. This early investment in regulatory compliance has become their key differentiator against Tether and newer entrants. The culprit?

article thumbnail

Mastering Growth in the AI Era: How to Stand Out, Acquire Customers, and Raise VC Dollars with B Capital, Zetta, and Glasswing

SaaStr

What VCs Are Funding in AI Today The AI funding landscape has evolved rapidly in 2023-2024. If 2023 was the “year of the demo,” 2024 should be the “year of production” – but most companies are still struggling to deploy AI successfully. This creates both challenges and opportunities for founders.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

News: European Commission Says Google Failing to Comply With DMA due to Search Preferencing and Anti-Steering

FastSpring

Per the Commissions press release , the two sets of preliminary findings specifically address Google Search giving preference to Alphabets own services, and the Play Store preventing app developers from freely steering consumers to other channels for better offers.

article thumbnail

Merchant of Record for Mobile Games: What It Is and Why You Need One

FastSpring

So where do you start if you want to provide more global payment solutions to your player base while chipping away at the hefty 30% fees that mobile marketplaces charge? Very simply, a merchant of record (MoR) is a legal entity that sells services or goods to a customer. How Is an MoR Different From a Payment Service Provider ?

article thumbnail

News: Japan Enacts Regulatory Law Targeting Apple and Google Smartphone Marketplace Dominance

FastSpring

Per Kyodo News , “The law will prohibit the providers of Apple’s iOS and Google’s Android smartphone operating systems, app stores and payment platforms from preventing the sale of apps and services that directly compete with the native platforms’ own.” which have grown to wield significant influence over digital services around the world.”

article thumbnail

News: Brazil Joins Growing List of Countries Calling for Apple to Allow Steering to Payments Options Outside App Store

FastSpring

The Cade ruling comes after an investigation looking into a 2022 complaint filed by MercadoLibre in both Brazil and Mexico, in which MercadoLibre took issue with Apples requirement that app developers must use Apples payment system for selling digital goods or services offered within the apps, the Reuters article explains.

article thumbnail

News: Apple Revises App Store Link-Out Rules per EU DMA, but New Fees Still High

FastSpring

After Apple was charged in June by EU antitrust regulators for not complying with the DMA , Apple released updates to their StoreLink External Purchase Link Entitlement on August 8, 2024. The Verge points out that app updates or reinstalls by the user reset the clock back to 12 months left for the ongoing store services fee.