For years, Richard Spencer’s white nationalist think tank, the National Policy Institute, was able to accept donations online through its PayPal account and through credit card payments processed by San Francisco start-up Stripe.
And those online channels accounted for the vast majority of NPI’s support. Now, in the wake of the deadly rally in Charlottesville, Va., and a crackdown on white supremacist groups by some tech companies, that once-wide-open door is quickly closing.
PayPal shut down NPI’s account earlier this week. And on Thursday, Stripe appeared to have ceased processing credit card payments for the group.
Spencer confirmed that an account with a payment...