Full-Time
Fraud Operations Associate SDC
Posted on 8/20/2026
Stripe
10,001+ employees
Online payment processing APIs for businesses
No salary listed
Bengaluru, Karnataka, India
In Person
 Finance & Banking (1) |
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- Some experience in fraud analysis, fraud investigations, or fraud operations
- Experience using data to make assessments/judgements
- A team-focused mentality and effective problem solving skills
- The ability to approach challenges from a user perspective while being pragmatic & solutions oriented
- You're willing to periodically work a weekend day for which you will receive a weekday off; the SDC operates during daytime hours with shifts from the morning through early evening
- Investigate accounts to identify fraudulent merchants, card testing, account takeover, and other fraud vectors
- Conduct investigations on merchant accounts to support financial partner requirements
- Assess risk factors and trends of potentially fraudulent activity
- Help maintain fraud detection strategies and business rules that balance fraud loss and customer experience
- Contribute to root cause analysis to identify opportunities to predict, prevent, and mitigate risk within process and performance
- Participate in monthly, quarterly, and annual business reviews for the Fraud Operations team
- Fraud experience in payments, e-commerce, or fintech mitigating digital/card-not-present fraud
- Knowledge of fraud schemes, fraud prevention methods, and fraud detection tools
- Prior fraud experience across multiple industries/verticals
- Experience in a high growth technology company
- Experience working from a queue
Stripe provides online payment processing through a suite of APIs that let apps accept and process payments securely over the internet for businesses of all sizes. Developers integrate these APIs into websites or apps; Stripe handles payment methods, authorization, settlement, and payouts to sellers. It differentiates itself with a broad set of connected products around payments, including Billing, Connect, Issuing, Radar, Capital, Atlas, Climate, and Identity, all designed to work together via a developer-friendly API platform for use cases such as subscriptions, marketplaces, and creator payouts. Its goal is to make online monetization simple and secure for internet businesses while earning revenue from transaction fees and related services.
Company Size
10,001+
Company Stage
Private
Total Funding
$8.7B
Headquarters
South San Francisco, California
Founded
2010
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See people who can refer or advise you
Simplify's Take
What believers are saying
- First-half 2026 revenue rose 41%, signaling strong transaction growth and pricing power.
- Stripe says 88% of the Forbes AI 50 use its platform, including OpenAI.
- The August 2026 OpenRouter deal expands Stripe into AI infrastructure and usage billing.
What critics are saying
- OpenRouter's roughly $7.5 billion price creates integration risk and earnings disappointment pressure.
- Stripe's Tempo bet faces Circle's Arc and Tether's Plasma in stablecoin settlement.
- If OpenRouter and Tempo fail, Stripe reverts to commoditized processing and margin compression.
What makes Stripe unique
- Stripe owns merchant billing, payments, and now AI token routing through OpenRouter.
- Stripe Issuing powers consumer crypto spending with Kraken's U.S. Krak Card.
- Stripe combines global payments, subscriptions, and compliance infrastructure across startups and enterprises.
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Benefits
Inclusive coverage - We provide a thoughtful and balanced set of benefits that allow Stripes to be their best selves and do great work. Whether that means offering comprehensive mental, physical, and medical health plans, supporting Stripes’ financial futures, providing fertility benefits and parental leave, or making sure Stripes have access to healthy food at the office, our robust programs put Stripes and their families first.
Growth by way of learning - We are voracious learners and teachers. Our Education team delivers an onboarding and product training curriculum for all new Stripes, and hosts expert-led courses on things like project management fundamentals and macroeconomics. Beyond the formal program, Stripes are constantly sharing knowledge with each other through conversation, documentation, reading groups, and informal talks.
A principled approach to food - The food program holds a special place in Stripe’s history and future. These Stripes come to our kitchen from a breadth of backgrounds and experiences, and focus on one proposition—respect. This is apparent not only in the local ingredients they work with or in the gracious, teamwork-driven buffet lines, but also in their approach to growing a global team through sustainable food practices and minimal waste.
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↓ -2%2 year growth
↓ -2%Stripe executives told investors in a letter obtained by Axios that they believe the "singularity" — when artificial intelligence surpasses human intelligence — arrived on 1 January 2026. The payment processor has been operating on that assumption ever since. CEO Patrick Collison, president John Collison, and president of technology and business William Gaybrick cited "a large inflection in long-run trends", including a significant increase in new firm creation. They join other tech leaders like OpenAI's Sam Altman and Tesla's Elon Musk in declaring the singularity's arrival, though several AI experts dispute this view. The company announced it was acquiring OpenRouter, an AI model marketplace startup. Stripe's first-half revenue rose 41% year-over-year.
Stripe to acquire OpenRouter in roughly $7.5 billion bet on AI's future. 0 Comments Payments giant Stripe just made one of its boldest moves yet, reaching beyond its familiar territory of processing transactions and into the fast-moving world of artificial intelligence infrastructure. The company announced Wednesday it has agreed to acquire AI routing platform OpenRouter, a deal that reportedly carries a price tag around $7.5 billion and has three law firms steering the transaction through to close. Why Stripe wants an AI traffic cop. In its deal announcement, Stripe framed the acquisition as a natural extension of its existing playbook rather than a departure from it. The company said OpenRouter will expand its AI capabilities well beyond payments and billing, layering new functionality on top of the tracking and billing tools Stripe has already built for businesses. What OpenRouter actually does. Think of OpenRouter as a switchboard operator for artificial intelligence: it gives businesses access to hundreds of different AI models through a single platform, automatically directing each request to whichever model best balances cost, speed and performance - sparing companies the headache of juggling multiple AI providers on their own. Stripe said the platform already counts major names among its users, including Nvidia, Zoom and Lovable. The price tag, confirmed quietly. Stripe itself declined to disclose financial terms publicly, and OpenRouter did not respond to a request for additional information. But a person familiar with the transaction confirmed the purchase price sits at roughly $7.5 billion - a figure that underscores just how much value the market now places on AI infrastructure plays, even ones that don't manufacture chips or build foundation models themselves. A play for cost efficiency. According to Stripe's announcement, folding OpenRouter into its ecosystem will help customers cut their AI spending by intelligently matching each request to the most cost-effective model capable of handling it - building directly on Stripe's existing tools for tracking and billing AI usage, rather than replacing them. The strategic vision. Stripe framed the combination as addressing both sides of the profitability equation at once. "Together, Stripe and OpenRouter will be able to help companies manage both sides of profitability in the AI era: maximizing revenue and efficacy while minimizing costs," the company said in its announcement - a pitch aimed squarely at businesses trying to harness AI without watching their budgets spiral out of control. The legal team guiding the deal. Fenwick & West LLP is representing Stripe in the transaction, with a team led by Ken Myers and Victoria Lupu steering the acquisition through what promises to be one of the more closely watched AI-adjacent deals of the year.
Stripe told investors that January 1st marked the "beginning of the singularity," a major inflection point in longterm trends, according to a letter obtained by Axios. The payments giant said first-half revenue rose 41% year-over-year and free cashflow increased 43%. Stripe confirmed its acquisition of OpenRouter for more than $8 billion, mostly in stock. The company says 88% of the Forbes AI 50, including OpenAI and Anthropic, are building on its platform. The share of its revenue from AI and crypto companies has more than doubled year over year. Stripe was valued at $159 billion in February during an employee tender offer, up from $91.5 billion a year earlier. The company is also pursuing an acquisition of PayPal with Advent International, reportedly offering $53 billion.
Stripe has agreed to acquire OpenRouter, an AI model gateway and routing platform used to optimise token usage across more than 400 models from over 80 providers.
Kraken's Krak app rolls out crypto debit card in the U.S. with Stripe. Kraken's payments app, Krak, has launched a crypto debit card in the United States, according to The Block. The card, developed in partnership with payment infrastructure company Stripe, can be used at any merchant that accepts Visa. It allows users to hold and spend more than 600 currencies and cryptocurrencies, with rewards of up to 2% back in U.S. dollars or Bitcoin on eligible purchases. Expanding from Europe to the U.S. Market The debit card was previously introduced in the United Kingdom and Europe, where it gained traction among crypto users seeking to integrate digital assets into everyday spending. The U.S. launch marks a significant step for Kraken's payments arm, positioning Krak as a direct competitor to similar offerings from exchanges like Coinbase and Binance. By partnering with Stripe, a major player in online payment processing, Kraken leverages established infrastructure to ensure reliability and broad acceptance. How the Card Works and What It Offers Users of the Krak app can fund their card with a variety of cryptocurrencies, which are then converted to fiat currency at the point of sale. This enables seamless transactions at Visa merchants without requiring merchants to accept crypto directly. The card supports over 600 currencies and digital assets, giving users flexibility in managing their portfolios. The rewards program - offering up to 2% back in USD or BTC - adds an incentive for everyday use, potentially encouraging wider adoption of crypto payments. Implications for Crypto Payments Adoption The launch of Krak's debit card in the U.S. signals a maturing crypto payments ecosystem. As regulatory clarity improves and consumer interest grows, crypto debit cards are becoming a bridge between traditional finance and digital assets. For Kraken, this move strengthens its ecosystem beyond trading, aiming to make crypto more practical for daily transactions. For users, it offers a convenient way to spend digital assets while earning rewards, without needing to manually transfer funds to a bank account. Conclusion Kraken's Krak debit card launch in the U.S., powered by Stripe and Visa, provides a practical tool for crypto holders to spend their assets widely. With support for hundreds of currencies and attractive rewards, it represents a notable development in the ongoing integration of cryptocurrency into mainstream financial services. As the market evolves, such products could play a key role in normalizing crypto as a payment method. Q1: How does the Krak crypto debit card work?The card is linked to a user's Krak account, where they can hold various cryptocurrencies. When making a purchase, the card automatically converts the needed amount of crypto to fiat currency, which is then processed through Visa's network. Q2: What rewards can users earn with the Krak card?Users can earn up to 2% back in U.S. dollars or Bitcoin on eligible purchases, depending on the specific terms and conditions of the rewards program. Q3: Where can the Krak debit card be used?The card is accepted at any merchant that accepts Visa, which includes millions of locations worldwide. This makes it a versatile option for everyday spending.