Latest / Click & Convert with Maria Sparagis
#228 Stripe Is Shutting Down AI Businesses — Is Yours Next?
Your AI business could be one risk review away from losing everything.
Stripe has been shutting down AI companies with little warning — freezing funds, disabling payments, closing accounts. And it's not just Stripe. PayPal, Square, even dedicated merchant account providers are all starting to treat AI businesses like high-risk merchants. Why? Lawsuits against major AI players, new regulations like the EU AI Act, FTC crackdowns, real cases of AI causing harm — processors look at all of this and want nothing to do with the risk.
The worst part is most AI founders have no idea their account is…
The skinny
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