Tagged: stripe

Abandoning Ship: eBay, Visa, Mastercard and Stripe Exit Facebook’s Libra Association [u]

Following in the footsteps of PayPal, which walked away from the Libra Association last Friday, eBay and Stripe have now departed the alliance. In an update, Law360 has confirmed that Mastercard and Visa have exited the Libra Association as well. “We highly respect the vision… Read More

Stripe Announces Launch in Malaysia

Payments platform Stripe announced on Monday it has launched its services in Malaysia. Stripe reported that businesses throughout the country may now easily accept and manage payments, as well as have access to the full Stripe stack, which includes Billing, Connect, Radar and Sigma. “More… Read More

Report: Prominent Libra Association Members Now Hesitant About Officially Endorsing Facebook’s Currency Project

Officials at Visa, Mastercard, PayPal, and Stripe are reportedly hesitating now about officially signing on as members of the Libra Association, a governance consortium assembled by Facebook to advise on its proposed private, in-app currency system, Libra. The 28 current members of the Libra Association are reportedly being asked… Read More

Following $250 Million Funding Round, Stripe Announces Upcoming New York City Office

Payments platform Stripe announced last week it is set to open a new office in New York City. The company reported that it is going to be hiring for hundreds of roles across engineering, sales, marketing, partnerships, recruiting, and more in the next few years…. Read More

Stripe Secures $250 Million Through Latest Funding Round

Payments platform Stripe announced on Thursday it secured $250 million through latest funding round at a new pre-money valuation of $35 billion. Investors involved in the funding round included General Catalyst, Sequoia, and Andreessen Horowitz. The latest round of funding comes just days after Stripe… Read More

Stripe Makes Debut in Eight More European Countries

Payments platform Stripe announced on Monday it has launched its services in eight additional European countries. The countries are Poland, Estonia, Latvia, Lithuania, Slovakia, Slovenia, Greece, and Portugal. Stripe claimed since its launch in 2011 tens of thousands of businesses across Europe has asked the… Read More

Stripe Announces New Lending Services For Internet Companies

Payments platform Stripe announced on Thursday the launch of its new service, Stripe Capital, which allows internet businesses running on Stripe to access funding. According to Stripe, Access to capital remains a challenge for most companies, especially online businesses, with banks deciding to cut their lending to… Read More

Stripe Expansion: Digital Payments Platform Announces Opening of Mexico City Office

Digital payments platform Stripe announced on Tuesday it has launched its newest office in Mexico City. According to Stripe, the office is its first in the region and will be home to teams focused on building products for the most ambitious technology companies in Latin… Read More

Stripe Introduces New & Improved Onboarding Flow For Express Accounts

Payments platform Stripe announced this week a new and improved onboarding flow for Express accounts. The payments leader reported that based on user feedback and analysis of thousands of Express accounts, it has made a number of updates to the Connect onboarding flow that drove… Read More

Xero Teams Up With Stripe to Offer Seamless Payments to Small Businesses

Xero (ASX: XRO), a global small business platform, announced on Wednesday it is teaming up with Stripe to provide seamless payments to millions of small businesses. Xero reported that the partnership will enable new payments experiences that are more seamless and efficient for small business… Read More

Stripe Terminal Is Now Available to All Users in the U.S.

Payments platform Stripe announced this week that its product, Stripe Terminal, is now available to all users in the U.S. According to Stripe, Stripe Terminal is a set of SDKs, APIs, and pre-certified card readers that lets you extend your Stripe integration to accept in-person… Read More

Stripe Unveils Chargeback Protect Protection to Prevent Fraud

Payments platform Stripe recently announced the launch of Chargeback Protection, which is described as a new service built on Stripe’s machine learning-based fraud tool Radar, that prevents fraud and protects sales against future chargebacks. The platform further explained the new service and what users can… Read More

Stripe Leads $22.5 Million Series A Funding Round For U.S. Fintech Step

Payments platform Stripe announced on Thursday it is leading a $22.5 million Series A funding round for Step, a U.S. fintech that provides teens and families with tools for modern-day banking and promotes financial literacy. According to Stripe, additional investors participating in Step’s current funding… Read More

Klarna & Stripe to Offer Payment Services At Hideout Festival Through Ticketing Platform Kaboodle

Payment processing brands Klarna and Stripe announced on Tuesday they are offering Klarna’s Pay in 3 for music fans heading to the Hideout Festival this summer through ticketing platform Kaboodle. According to the duo, Hideout is an annual electronic music festival and is entering its… Read More

Stripe Billing Debuts in Europe

Payments platform Stripe announced on Thursday it has launched Stripe Billing in Europe. According to Stripe, Stripe Billing combines advanced machine learning, SCA compliance features, and granular tax modeling to help European subscription and Saas companies get paid faster. Stripe revealed: “With Stripe Billing, European… Read More

Stripe Announces Acquisition of TouchTech Payments to Accelerate Strong Customer Authentication For Financial Institutions

Payments platform Stripe announced on Wednesday it has acquired Ireland-based Touchtech Payments, a software company, to accelerate Strong Customer Authentication (SCA) for financial institutions. According to Stripe, TouchTech Payments provides advanced SCA-ready authentication technology for some of Europe’s leading fintechs and challenger banks, like N26,… Read More

FundedByMe Implements Stripe to Facilitate Smaller Transactions

Investment crowdfunding platform FundedByMe has added Stripe to its platform to more easily facilitate smaller transactions. The recently listed company said in a release: This to solve the complexity of the numerous smaller transactions in equity crowdfunding. During 2018 the smallest investment on the platform… Read More

UK Fintech Rapyd Raises $40 million Through Series B Funding Round Led By General Catalyst & Stripe

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

Funding Circle to Provide Access to Loans for Users of Stripe

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 Teams Up with Stripe to Provide Capital in Marketplace Economy

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

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