Rapyd, a UK-based fintech, announced on Wednesday it raised $40 million through its Series B funding round, which was led by General Catalyst and Stripe. Founded in 2016, Rapyd describes itself as a mobile-first financial network that makes the world’s “favorite ways” to pay and be paid… Read More
Stripe has formed a partnership with leading online SME lender Funding Circle (LSE:FCH). According to a release, Funding Circle is now a “verified extension partner” thus allowing the lender access to Stripe user data to assess the creditworthiness of the business. Funding Circle will provide… Read More
Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, has partnered with Stripe to help those in the marketplace economy by giving them real-time access to earnings using push-to-card payments. The API-first, integrated platform aims to improve the way independent… Read More
UK challenger bank Tandem announced on Wednesday it has teamed up with global payments platform Stripe to launch its new Auto Savings service, which will allow customers to set up rules that automatically move money from their current accounts with other providers to a savings account… Read More
Visa announced earlier this week an agreement with Postmates, an on-demand delivery network, to enable real-time funds disbursement to their entire fleet. This new feature, called Postmates “Instant Deposits,” is facilitated by Stripe’s Instant Payouts feature, running on Visa Direct, Visa’s real-time push payments platform, and… Read More
Payments platform Stripe announced on Wednesday it secured $245 million through its latest funding round, which was led by Tiger Global. The new funds reportedly bring the Fintech’s value up to $20 billion. Founded in 2010, Stripe describes itself as a platform that offers a… Read More
Paystack, an Africa-based payments platform, secured $8 million through its Series A funding round, which was led by Stripe, with participation from Visa, Tencent and Y Combinator. Founded in 2015, Paystack states that it helps Nigerian businesses accept Mastercard, Visa, and Verve cards from anyone, anywhere… Read More
On Tuesday, Stripe announced the launch of it Stripe Partner Program in order to amplify and help grow its platform as well as its plugin, and extend its partners. According to Stripe, thousands of companies work with the fintech to allow businesses and individuals to… Read More
Financial Innovation Now (FIN), the group that represents big techs interest in Fintech, has issued a comment on the decision by the Office of the Comptroller of the Currency (OCC) to move forward with a Fintech Charter following the release of a report on Fintech by… Read More
U.S. payment firm Stripe announced earlier this week the launch of its new feature, Stripe Issuing, which is described as an end-to-end platform for quickly creating, distributing, and managing physical and virtual cards. According to Stripe, Stripe Issuing’s infrastructure that allows users to create employee expense cards with… Read More
On Thursday, specialist property finance lender LendInvest announced it has expanded on its long-term partnership with Stripe by integrated the payments platform in order to streamline its loan application process. According to the online lender, the new integration will be embedded in the primary stages of… Read More
Cloud business management solutions Sage announced it has formed a partnership with Stripe to launch a new invoicing functionality that the company claims will help customers get paid two times faster than before. According to Sage, users of the business cloud accounting will not have full… Read More
Payments platform Stripe has filed a Reg D 506b with the Securities and Exchange Commission. The filing indicated the company has issued stock in the amount of $38.6 million during the first week of March. According to the document, 36 investors participated in the equity… Read More
U.S. payment firm Stripe revealed earlier this week that it is set to open its first engineering center outside the U.S. in Dublin. This news comes less than two months after Stripe announced its entrance into the Indian mobile wallet sector. According to Reuters, CEO Patrick Collison… Read More
Stripe, one of the most popular payment processing platforms around, has scheduled an end to Bitcoin acceptance. According to the company, Bitcoin transactions will end on April 23, 2018. Stripe commented on the decision in a blog post explaining they have long been excited about… Read More
Crowdcube success and challenger bank Monzo announced on Tuesday it secured 71 million through its latest investment round, which was led by Goodwater Capital, Stripe, and Michael Moritz with participation from existing investors, Passion Capital, Thrive Capital, and Orange Digital Ventures. As previously reported, Monzo (originally… Read More
On Monday, Stripe announced it is officially launching its services in Hong Kong. The payments startup revealed that local companies can now access the full Stripe features such as Stripe Radar, Connect with Custom accounts, and 3D Secure support. “While in preview, we’ve been able to work with many of the fastest-growing… Read More
Seedrs, “the most active investor in UK private companies” is rebooting its Alumni Club portal to reposition the value proposition for early stage businesses in the UK. According to Seedrs, this relaunch comes with some prominent names dedicated to boosting UK entrepreneurs. The partner companies… Read More
Two-day conference Startup Grind earlier this week set in Redwood City, California at the Fox Theater boasted “5,000 founders and investors, more than 40 keynote and fireside sessions, and over 50 exhibiting startups”. The ability to pull back from all of the pitches and decipher key messages… Read More
On Monday, Indiegogo introduced new payment options for its crowdfunding platform that will make it easier for backers to receive the support they needed. The funding portal revealed that, through its partnership with credit card vendor Stripe, it has begun to roll out Stripe payments… Read More
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