This isn't unreasonable. SC2 players hit that APMs in the 700-800 once over the span of an entire tournament (multiple days & matches). Marni is doing it every time a shark dies, for multiple hours.

Stripe Tour Paris wrapped today and the headline is clear: Stripe is no longer a payment gateway. It's quietly becoming the financial operating system for the agentic internet. Here's everything you need to know about where Stripe and its partners are heading. For a long time now, Stripe has been more than an acquirer for merchants. It's crossing one tech and financial border after another. Four big themes stood out: → Agentic payments → Treasury & money movement → Open fraud models → A hub for payin options 1. Agentic payments This was the gravitational center of nearly every keynote. The commerce of tomorrow is agentic and Stripe is arguably the best-positioned player to host it. With the Machine Payments Protocol (MPP) an open standard co-authored with Tempo, its new payments blockchain plus Privy (the embedded-wallet infra it acquired, now powering 75M wallets), any business can let an AI agent pay an online business in a few lines of code. Partner Klarna is doubling down too: its agentic integrations let shoppers split any purchase into installments, automatically. 2. Treasury & money movement You can now keep your Stripe balance and spend it directly with a business card. No more parking funds in a separate bank get paid from your payments processing, then spend it on the spot. And thanks to the $1.1B Bridge acquisition, that balance can be truly multi-currency: fiat (USD, EUR, GBP) and stablecoins. 3. Open fraud models Stripe Radar, one of the best fraud-detection models in payments, trained on $1T in annual volume, used to block cards only, for Stripe customers only. Now it screens every payment method: bank debits (SEPA, ACH), wallets (Apple Pay, Google Pay), BNPL like Klarna, even stablecoins. And it's open to non-Stripe businesses, fintechs and gateways can plug in. 4. A hub for payin options Everyone talks about Visa & Mastercard. But APMs, alternative payment methods, now make up roughly half of global e-commerce volume. Players like Stripe aggregate them so merchants and fintechs accept all of them in one unified checkout (Suby too 👀) Today's big reveal: Wero is coming as an account-to-account method for e-commerce. Built by 16 European banks on SEPA Instant rails: far less fraud, far lower fees, and instant settlement. Live on Stripe from September. PS: I'm building Suby on exactly these rails, optimizing cross-border money flows. If this is your world, follow me. I post about it every day.

I'm mostly with you, but there is the security risk/surface area reduction benefit of using fewer dependencies and many orgs have to battle the data provenance issues with APMs and similar. That said, it was like 1 minute to add sentry.

Agree at those numbers. But APMs never cost 50/mo for any of my apps. Box out is cheapest around 300 (still affordable). Flipper and fireside would easily be many thousands if I didn’t aggressively sample. That’s part of why I’m building flare. Something that lets your apm sit there cheaply via aggregates until you need it. Then it’ll pull a bunch of high fidelity traces. APMs are just built to slurp all data in case you need something and they are all too expensive.

From my own experience, if you operate dozens of projects, costs can really start to stack up Also, for certain products like job boards APMs are notoriously expensive because their SaaS-oriented $/request pricing doesn’t work when 99% of requests are non-paying job seekers

Breaking new👉 today @US_FDA approved capivasertib (oral AKT inhibitor) for the metastatic HSPC/APMS #prostatecancer with PTEN deficiency👉personalized medicine continues to leap forward👉Capitello-281 ph3 trial summary👇 @OncoAlert @urotoday @AUC3_Official

As part of the Yatri Suvidha Divas celebrations, a plantation drive was organized at Srinagar International Airport under the leadership of DC Budgam Shri Athar Aamir and SSP Budgam Shri Hariprasad K K, reinforcing the collective commitment towards environmental sustainability and a greener future. The Airport Director, along with the heads of CRPF and CISF, Airline Airport Managers (APMs), and other airport stakeholders, planted saplings outside the Terminal Building, symbolizing a shared vision for sustainable growth and ecological responsibility. Every sapling planted today is a step towards a cleaner, greener, and more sustainable tomorrow. 🌱 #YatriSuvidhaDivas2026 #SrinagarAirport @AAI_Official @aaiRedNR @DC_Budgam @BudgamPolice

I’m not looking forward to getting smoked by the ROTC cadets when I start my APMS gig

سینئر مرکزی رہنما سید امین الحق بھائی کی مرکزی اراکین و ڈیجیٹل میڈیا ونگ کی انچارج صبحین غوری باجی کے ہمراہ حیدرآباد APMSO کے 48 ویں یوم تاسیس کے موقع پر پنڈال میں آمد @SyedAminulHaque @sabheenghoury @ZahidMansori #MQMPk

Why DLocal $DLO is one of the best long-term asymmetric opportunities in fintech right now. 👇 The stock is currently trading around $12.25 after a brutal drawdown (-64% from highs), but the fundamentals scream buy-and-hold for the next 5-10 years. 👉 Imo this is a high-quality compounder at a depressed valuation. The Business dLocal is a technology-first payments platform that lets global merchants (big tech, e-commerce, streaming, ride-hailing, gaming, etc.) seamlessly accept payments and make payouts in 60 emerging markets across Latin America, Africa, Asia, and the Middle East. • The moat 🏰: One API, one contract, one platform: access to 1,000 local & alternative payment methods by handling local regulations, fragmented banking, currency, compliance, taxes. • Serves 700-760 merchants/PSPs, including many demanding mega-cap tech companies. • Strong moat from 10 years of licenses, local presence, data advantages, and switching costs. 👉 It's the "picks and shovels" for the explosion of digital commerce in the Global South. Massive TAM • Current addressable digital payments in markets dLocal serves: ~$1.4-2T , growing at high teens CAGR. • Broader EM digital payments TAM projected to hit ~$3.7T by 2028. • eCommerce in these regions heading toward $3T by 2030. • 6 in 10 people on Earth live in these markets. • Secular tailwinds: rising middle class, smartphone penetration, e-commerce adoption, digitalization. 👉 dLocal has barely scratched the surface, plenty of runway for geographic expansion, deeper merchant penetration, new products (BNPL, stablecoins, more APMs), and share gains. Recent Financials (Impressive Scale Growth) • 2025 Full Year: Record TPV $41B ( 60% YoY), Revenue crossed $1.09B ( 47%), Gross Profit $403M ( 37%), Net Income $197M ( 63%). Adjusted FCF strong (~$191M, 97% conversion). • Q1 2026: TPV $14.1B ( 73% YoY), Revenue $336M ( 55%), Gross Profit $119M ( 40%). • Net revenue retention 145% , TPV retention 158%, merchants stick and grow massively. • High-teens to 20% revenue growth expected for years, with operating leverage kicking in post-investments. • Profitable, cash generative, initiated dividends $300M buyback authorization. 👉 Despite some FX/macro noise and temporary margin pressure, the core engine is firing on all cylinders with broad-based growth across regions and verticals. Why Long-Term Bull Case is So Strong • Asymmetric upside: High-growth (50-60% TPV guidance), capital-light model, expanding margins, network effects. • Trading at a reasonable multiple on current earnings/growth given the TAM and execution track record. • Management is obsessed with customers and thinking in decades, not quarters. Bottom line 👉 The market is giving you a sale on a category-leading emerging markets payments winner during a period of digestion. Emerging markets digitalization isn't stopping.If you have a 3-5 year horizon and believe in the rise of the Global South, $DLO is a top-tier compounder. What do you think: undervalued gem or too risky? Let's discuss. #Fintech #Investing #EmergingMarkets