EPISODE · May 31, 2026 · 7 MIN
How Marketplaces Are Becoming Their Own Payment Processors
from The Platform Economy with Fexingo: Marketplaces, Networks, and Multi-Sided Businesses · host Fexingo
In this episode, Lucas and Luna explore how the biggest marketplaces—from ride-hailing giants to freelance platforms—are moving in-house the payment processing that banks and gateways used to own. They break down the unit economics of building a payment stack, the regulatory hurdles of becoming a licensed money transmitter, and why ownership of the transaction flow is becoming a competitive necessity. With concrete examples from the gig economy and the regulatory landscape as of mid-2026, they explain why cutting out the middleman in payments is less about fees and more about controlling the data and the user experience. This is episode 22 of The Platform Economy with Fexingo. #MarketplacePayments #PaymentProcessing #Stripe #PayPal #MoneyTransmitter #GigEconomy #Uber #Fiverr #PlatformEconomy #FinancialTechnology #PaymentLicensing #NetworkEffects #BusinessAndTechnology #FexingoBusiness #BusinessPodcast #EmbeddedFinance #PaymentInfrastructure #MarketplaceStrategy Keep every episode free: buymeacoffee.com/fexingo
What this episode covers
In this episode, Lucas and Luna explore how the biggest marketplaces—from ride-hailing giants to freelance platforms—are moving in-house the payment processing that banks and gateways used to own. They break down the unit economics of building a payment stack, the regulatory hurdles of becoming a licensed money transmitter, and why ownership of the transaction flow is becoming a competitive necessity. With concrete examples from the gig economy and the regulatory landscape as of mid-2026, they explain why cutting out the middleman in payments is less about fees and more about controlling the data and the user experience. This is episode 22 of The Platform Economy with Fexingo. #MarketplacePayments #PaymentProcessing #Stripe #PayPal #MoneyTransmitter #GigEconomy #Uber #Fiverr #PlatformEconomy #FinancialTechnology #PaymentLicensing #NetworkEffects #BusinessAndTechnology #FexingoBusiness #BusinessPodcast #EmbeddedFinance #PaymentInfrastructure #MarketplaceStrategy Keep every episode free: buymeacoffee.com/fexingo
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How Marketplaces Are Becoming Their Own Payment Processors
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