Video platform Rumble acquires stake in payment processor Parallel Economy
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After the U.S. Capitol riots on
In response, technology firms, including a forthcoming venture from Trump, have sprung up to provide what their founders and users see as a protected space for free speech online. These companies are seeking to work together across services like distribution and payment, bypassing established tech players.
Parallel Economy is the latest venture from
Parallel Economy functions as an alternative to Stripe, a
U.S. technology startup valued at
Parallel Economy provides Rumble content creators with the assurance that they can still transact with their supporters if their statements are deemed objectionable by other tech companies.
In exchange for an equity stake in Wernick and Bongino's holding company, Rumble will make Parallel Economy the preferred payment processor for its users.
Top-trending videos on Rumble include those from Bongino and
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