Stripe is showing off new products that aim to accelerate its growth and the growth of German businesses.
The announcements were made at Stripe Tour Berlin, the company’s gathering of business professionals in Germany.
New products and features in Germany include:
- Access to growth capital through Stripe Capital, which uses a company’s history on Stripe to proactively qualify them for next-day financing.
- Support for more than 25 new payment methods, including Wero, and a new pay-by-bank payment method based on Europe’s open banking system.
- Fraud detection and prevention on SEPA payments with Stripe Radar.
Stripe also announced that over the next year German companies “will be able to hold, move, and spend balances in multiple currencies, including stablecoins, all from their existing Stripe account.”
And businesses in Germany are already able to “benefit from Stripe’s latest AI-powered features, including the world’s first foundation model for payments and Smart Disputes.”
Stripe works with more than half of the DAX40—”including BMW, E.ON, Allianz, and SAP, as well as the most exciting German tech companies, like DeepL, N26, and Celonis.”
Globally, Stripe reportedly processes over “$1.4 trillion of payments annually.”
As covered last month, Stripe, the programmable financial services company, introduced over 15 updates for French businesses, many of which leverage AI and stablecoins.
These announcements were made at Stripe Tour Paris, the company’s annual conference in France, which “brought together 500 founders, developers, and enterprise leaders.”
French businesses can take advantage of:
- The world’s Payments Foundation Model, which captures hundreds of subtle signals that previous specialized models couldn’t, and unlocks performance improvements that weren’t previously possible.
- New payment methods including titres-restaurant and open banking payments, bringing the total of payment methods supported by Stripe to over 125.
- Stripe Orchestration, to set up, manage, and optimize payments performance across multiple providers, all from the Stripe Dashboard.
- Stripe Capital, to access financing directly from the Stripe Dashboard in just a few minutes. Later this year, the 1,000+ French platforms on
Stripe will also be able to extend financing to their customers, “unlocking growth opportunities for millions of small businesses in France.”
Stripe Tax, to register, “calculate, collect, and file taxes in 102 countries.
Stripe is also expanding its money management capabilities.”
Over the next year, French businesses will be able to “hold, manage, and spend from balances in multiple currencies in their existing Stripe account.”
They’ll be able to pay out “to customers, contractors, and other third parties in 50 countries with just an email address.”