Fintech firm Stripe has reportedly launched its business operations in the Middle East with its recent entry into the United Arab Emirates (UAE). Stripe is notably one of Silicon Valley’s most valuable Fintechs. The company chose Dubai, a major MENA region financial hub, for its… Read More
Global crowdfunding platform GoFundMe has teamed up with Stripe. Stripe reported that through the partnership, it is deploying its technology to ensure those in need are able to receive donations from those able to support quickly and efficiently. Stripe further revealed it will help… Read More
Fintech firm Stripe, an Irish-American payment processing service, has secured $600 million (appr. €500 million) through a funding round. Stripe is now valued at around $95 billion (appr. €80 billion). Investors that took part in Stripe’s investment round include Allianz X, Axa, Baillie Gifford, Fidelity… Read More
Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Wednesday it has joined forces with Stripe to offer buy now, pay later payment services for merchants. According to Afterpay, the partnership allows both new and existing Stripe merchants to… Read More
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
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
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
Check, a company developing software applications for digitizing the business payroll process has reportedly emerged from several years in stealth mode. The Fintech firm recently confirmed that it has secured $35 million in capital via an investment round. Check’s round was led by strategic investments… Read More
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
2020 was a pretty good year for initial public offerings (IPOs). According to a tally put together by Renaissance Capital, 216 IPOs booked $78.1 billion during the year of COVID-19. Additionally, IPOs gained, on average, a whopping 75% – said to be the biggest post… Read More
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
Revolut Business is challenging established payment platforms with its new feature that enables business accounts to accept payments that are deposited directly into their accounts. Yesterday, Stripe announced a service to provide digital banking to its customers. Today, Revolut is challenging Stripe and others by… Read More
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
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
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
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
Payments platform Stripe is reportedly moving its operations to Dublin due to Brexit. Most European customers will be processed locally (beginning on November 19, 2020). Stripe’s management confirmed that they’re moving payment processing for most of their European clients to the firm’s Irish-regulated business entity… Read More
Pulley, a U.S.-based cap table platform for hyper-growth startups, announced on Wednesday it raised $10 million through its Series A investment round, which was led by Stripe, with participation from General Catalyst, Caffeinated Capital, 8VC, Combine and Hustle Fund. Founded in 2019, Pulley’s mission is… Read More
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
Philippines-based PayMongo, an online payments platform, has secured $12 million in capital through a Series A investment round led by payments processor Stripe PayMongo provides an online payments API for businesses in the Philippines. The Fintech firm has taken part in Y Combinator’s Accelerator program…. Read More
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