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Launched on August 28th, 2024
Launched on May 15th, 2015
Discover the most promising AI startups from the Paddle Launchpad. Explore how these Founder teams are turning ideas into revenue, scaling success and driving growth in the AI landscape.
They will close your account with no explanation and point to "risk tolerance updates". My account had no chargebacks, I had a good filter on suspicious traffic / blocked US-sanctioned countries. I already had transactions and undergone their extensive verification. You can search posts online on them closing accounts.
Using Paddle can pose risks for startups, so proceed cautiously. They may initially process payments smoothly and confirm their support for your website, but once your revenue starts growing, they could freeze your funds and inform you that they can no longer support your business—holding your money for up to 180 days. It's worse than Stripe.
Their system works stably, but sometimes they refuse many projects to use their product. I set up this payment gateway for many clients, everything works stably, but many project owners received a refusal, and the reason was not specified.
Six weeks might be a bit short to truly incubate something game-changing, but Paddle has clearly done their homework. The support from heavy hitters like AWS and Google Cloud adds credibility, and the post-program community aspect could be a valuable lifeline.
