Breeze

All-in-one fraud, chargebacks, and compliance. Built by Stripe alumni, backed by Sequoia.

[Stabledash @stabledash]

"My entire life has been filled with payment problems."

In her past, @milliemyang faced constant payment problems from an early age, whether it was her parents struggling to pay school bills on time or her own bank freezing a transfer she made to herself.

"I didn't do anything wrong. It's me sending money to myself."

Those problems motivated her to work at Stripe as a payments engineer, and eventually to co-founding @breezedotcom in 2022.

[Stabledash @stabledash]

"The checkout page was built for a human consumer. It's not built for machines," says @milliemyang

Millie ran into that limit as a consumer with Claude while planning a trip.

"I'm like, take my credit card and then Claude is like, I won't take your credit card."

"I'm like, why wouldn't you take my credit card?"

"I have to go on the manual website, type all this information."

Co-Founder & CEO of @breezedotcom

[Drew Rogers @drewrogers]

A bank once froze Millie Yang's money for sending it to herself.

She was a student moving her own funds from a US account to her Singapore account. The bank called to ask what she was doing.

"I didn't do anything wrong. It's myself sending myself money."

Four years at Stripe on global payments. Then she left and built @breezedotcash processing billions.

Some founders pick a market. Others like Millie follow the problems most personally affecting them.

Stableminded #0056 with @milliemyang

[Zach @zdubs33]

Millie's story is amazing and a testament to her grit.

I also don't say this as a dig, but I hadn't heard a breeze before a few months ago.

And I don't think that's a bad thing.

You can build a company that's absolutely crushing it, and completely be behind the scenes.

If you haven't heard of @breezedotcom, this episode will be the perfect intro.

[Stabledash @stabledash]

.@milliemyang left Stripe after four years building global payments infrastructure across three continents.

Three months after she started @breezedotcom, FTX collapsed.

Millie went back to the drawing board, interviewed all their customs and rebuilt from ground zero.

Since then, in four years Breeze processed $4 billion in annualized volume.

In this conversation with @drewrogers, they get into:

> How a small teams can consistently outperform enterprise level payments operations
> What it takes to indemnify chargebacks entirely powered by agents
> Why the checkout page as we know it will have to be rebuilt for agents
> Where stablecoins outperform fiat rails, and where they fall short
> What Apple opening up in-app purchases means for companies
> The internal operating thesis she wrote this year that will reshape how Breeze scales from here

First look at Stableminded Ep. 0056.

Full episode releasing tomorrow, brought to you by @altitude

[Stabledash @stabledash]

We asked @milliemyang (ex-Stripe), CEO of @breezedotcom, why merchant of record status carries so much weight in global payments.

Her answer: "Think about yourself traveling from the US to Europe, and you're paying with a card and you suddenly have a lot of declines when you can't buy train tickets. The reason is that the transaction itself is not processed domestically. So the approval rates are lower, probably around 10 to 15 percent."

"Most people in the Philippines or Indonesia or even in Singapore might not necessarily want to pay with cards. If you're only offering them a credit card product, you're not appealing to the global masses."

"We're handling payments operations: approvals, KYC, card declines, customer support, local languages, the taxes component, as well as any questions from the local authorities about the specific user. We're bundling all of that and we're solving it for you so you can leverage us to launch quickly."

[Breeze @breezedotcom]

@KyleSamani @mert 👀

[Breeze @breezedotcom]

@etodanik @Elixir_Games Can’t ship fast without your fast feedback loops! Thank you ❤️

[Breeze @breezedotcom]

@vcStoned Hey @vcStoned so sorry this is happening! I’ve responded in DMs. We’ve escalated to @ChartWizardsNFT who is handling the mint into your Phantom wallet. We will keep tracking this and make sure your issue is resolved. Thank you for being patient with us! ❤️

[Breeze @breezedotcom]

@SuperteamDAO @milliemyang 👀🧬

[Breeze @breezedotcom]

@beamointern Think it’s time for a performance evaluation…

[Breeze @breezedotcom]

@milliemyang @CoinbaseExch @binance 👀

[Breeze @breezedotcom]

@xNFT_Backpack 👀