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Comment by trollied | Hacker News Reader

Just thought I'd point out that, unless the OP has moved companies, the OP runs a payment provider: https://news.ycombinator.com/item?id=27674236

That does not tie in with the OPs comments in this thread. I am happy for the OP to correct me, but thought I'd mention this.

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Pomelo uses an Icelandic acquiring bank (actually the same as Stripe used to use) as it has its own payment license and E-money license (regulated by the FCA). This is not for Pomelo.

I'll add that the OP has probably triggered this by posting a huge loss in their annual accounts to Companies House on December 23rd. I suspect credit bureau feeds have played a part in this. Oh dear.

Company status in the UK seems to be 'dissolved': https://find-and-update.company-information.service.gov.uk/c...

Seems to be active in Singapore though?

It’s Appfleet that have just filed accounts. (edit: and to reply to the person saying about numbers - turnover numbers stated are the payment processing fees, not the amounts actually transacted - see note 5 in the accounts)

Good call: that's (effectively) last year's though, so it's possible things were better this year (although doesn't look good - and doesn't seem to match numbers OP was stating).

Edit: actually, maybe not: the doc mentions March 2021 and Oct 2021 funding...

Those numbers look ok (ish)

Staff costs are roughly £900,000 of the £1.2M loss and they received investment of £5.5M

These are for year two of their business so they’re not huge losses for a venture backed business and suspect they could have sustained the same level of loss year to Dec 31 2021

I tend prefer bootstrapped businesses but these accounts don’t look too bad

And if not he can just switch from Stripe to Pomelo Pay.

This is exactly what we’re doing but we unfortunately can’t do this in 48 hours.

The plot thickens..

There's always two sides to every story. I especially love the unfounded claims of "skeleton crew" as if this Stripe customer has any insight into how many people are actually working during the holidays.

He’s talking about his own company.

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