Archives

February 22, 2021 @ 8:04 am By JD Alois  |  

Mark Carney, the former Bank of England Governor, has joined Stripe’s board of directors. Carney joins the board in advance of a new funding round that is said to value the Fintech at between $70 to $100 billion, according to reports. In early 2020, Stripe… Read More

February 14, 2021 @ 6:38 pm By Omar Faridi  |  

Karachi-based Fintech firm Safepay has reportedly acquired seed funding from global financial technology company Stripe. Safepay hasn’t disclosed the amount it has received but claims that it’s a seven-figure (USD) amount. Other local and international investors also took part in the Pakistani Fintech firm’s investment… Read More

February 2, 2021 @ 2:09 pm By Samantha Hurst  |  

  Nextech, a provider of healthcare technology solutions for specialty physician practices, announced on Tuesday it has teamed up with Stripe to deliver advanced integrated payment capabilities to Nextech’s thousands of customers. Founded in 1997, Nextech stated that Nextech Payments enables practices to accept and… Read More

January 11, 2021 @ 8:51 am By Samantha Hurst  |  

  Following the tragic event at the Capitol Building last Wednesday, U.S.-based fintech Stripe has reportedly stopped processing payments for President Donald Trump’s campaign website. According to WSJ, a source close to the situation stated that Stripe is cutting off the campaign account for violating… Read More

December 8, 2020 @ 10:11 am By Samantha Hurst  |  

Zuora, Inc. (NYSE: ZUO), a subscription management platform provider, announced on Tuesday it has formed a partnership with payments platform Stripe to accelerate the growth of Zuora’s new product, Subscription Economy. According to Zuora, the product integration will enable the provider’s customers to enhance their… Read More

December 3, 2020 @ 1:21 pm By JD Alois  |  

In another nail in the coffin of brick and mortar banking, Stripe has announced Stripe Treasury, a platform that will allow users to leverage APIs to embed or leverage financial services such as savings accounts. In an extensive announcement Stripe said it was also partnering… Read More

November 27, 2020 @ 7:46 am By Omar Faridi  |  

Blockchain and Fintech advisor Efi Pylarinou notes that Stripe has been actively investing in many different startups — 22 and growing. Pylarinou writes in a blog post that Stripe is currently in the spotlight as the Fintech firm is ranked quite high based on several… Read More

November 26, 2020 @ 1:21 pm By Omar Faridi  |  

Fintech firm Stripe is reportedly planning an investment round so that its payment platform and business can be valued significantly higher than the $36 billion valuation it received during its last funding round. According to Bloomberg (which cited sources familiar with the matter), Stripe could… Read More

November 3, 2020 @ 3:42 pm By Samantha Hurst  |  

Payments platform Stripe recently announced the launch of its latest product that allows any online business to contribute funds to technologies that remove CO2 directly from the atmosphere. Stripe reported that its users may help counteract climate change by directing a fraction of their revenue… Read More

October 16, 2020 @ 11:53 am By Omar Faridi  |  

Payments platform Stripe has acquired Nigeria-based Paystack, which is a startup that aims to make it easier to integrate various payment services. The acquisition may be valued at over $200 million, according to TechCrunch which cited sources familiar with the matter. Patrick Collison, CEO at… Read More

September 24, 2020 @ 4:09 pm By Samantha Hurst  |  

Payments platform Stripe announced on Wednesday it has formed a global commerce partnership with Salesforce to power Commerce Cloud Payments and advanced commerce experiences for enterprise customers. The duo is teaming up to help retailers adapt to a reported digital spending surge. “E-commerce spending has… Read More

August 17, 2020 @ 12:33 pm By Samantha Hurst  |  

  Payments platform Stripe recently announced it has appointed Dhivya Suryadevara as its new Chief Financial Officer. Prior to joining Stripe, Suryadevara served as Chief Financial Officer at the automobile brand, General Motors, where she oversaw financial operations amounting to over $100 billion in annual… Read More

August 10, 2020 @ 11:49 am By Omar Faridi  |  

Clear Books, which offers accounting and payroll software to more than 13,000 SMEs, has teamed up with payment processing company, Stripe. The integration should make it easier or more seamless for Clear Books customers to take card payments, which means that businesses will be able… Read More

July 23, 2020 @ 10:03 am By Samantha Hurst  |  

Online notary platform Notarize announced on Thursday it has formed a new partnership with payments platform Stripe to keep notaries working, remotely and safely, from home during the COVID-19 pandemic.  Notarize reported that by integrating with Stripe Connect, Notarize can pay notaries on the same… Read More

June 30, 2020 @ 8:08 am By Samantha Hurst  |  

  Payments platform Stripe announced on Tuesday it is launching a series of products to help platforms and their business customers adapt as the economy reboots during the COVID-19 pandemic. Stripe reported that platforms it powers now have access to an enhanced toolkit, which will… Read More

May 28, 2020 @ 8:42 am By Samantha Hurst  |  

Payments platform Stripe announced on Wednesday it is expanding its support for JCB payments. According to Stripe, JCB is a credit card network with more than 135 million cardholders worldwide and a share-of-wallet in Japan. Stripe also revealed that businesses using Stripe in Japan may… Read More

May 27, 2020 @ 10:42 pm By Samantha Hurst  |  

Payments platform Stripe announced on Wednesday it has expanded its services to five more European countries. Stripe reported it will be generally available in the Czech Republic, Romania, Bulgaria, Cyprus, and Malta.  While sharing more details about the launch, the Stripe team stated: “[We have]… Read More

May 8, 2020 @ 9:19 am By Samantha Hurst  |  

Payments platform Stripe announced on Thursday it has formed a new partnership with payment installment platform, QuadPay, to power advanced buy-now-pay-later experiences that boost conversion and allows consumers to start shopping instantly through online and in-store. According to Stripe, QuadPay enables consumers to start shopping… Read More

April 23, 2020 @ 2:41 pm By Samantha Hurst  |  

Payments platform Stripe announced on Thursday its Stripe Issuing, which is an API that allows users to create and control virtual and physical cards, is now open to all U.S. businesses. According to Stripe, Stripe Issuing was created to help businesses manage how funds get spent…. Read More

April 16, 2020 @ 4:23 pm By Samantha Hurst  |  

Payments platform Stripe announced on Thursday the extension of its Series G funding round. The company reported it is raising an additional $600 million from investors, which includes Andreessen Horowitz, General Catalyst, GV, and Sequoia. Founded in 2010, Stripe describes itself as a technology company… Read More