Tagged: stripe

Stripe Announces “Payment Links” Feature to Enable Online Sales Without Any Code Within Minutes

U.S.-based fintech Stripe announced earlier this week the launch of Payment Links. Stripe claims that Payment Links is the simplest way for businesses to create a full payment page with just a few clicks, and share the link with their customers, with no code required. “Payment… Read More

Numerous Late Stage, Outsized VC Deals in Q1 in the US Boosted Average Pre-Money Valuations to Record Highs: Report

Early- and late-stage venture capital experienced “sharp expansions” in pre-money valuations as the “rapid cadence” of VC deal-making from 2020 spilled over into Q1 2021, according to the latest US VC Valuations Report 2021 from Pitchbook. The report notes that for the early stage, both… Read More

Stripe Announces Acquisition of Card Authentication Tech Company Bouncer

U.S.-based fintech Stripe announced on Friday it has acquired Bouncer, a card authentication technology company that is seeking to reduce fraud during online transactions. According to Stripe, Bouncer’s card scanning and risk technology is used to help online businesses reduce fraud and authenticate cards.  Stripe also revealed… Read More

Stripe Set to Acquire Sales Tax Software Provider TaxJar

  U.S.-based fintech Stripe announced on Tuesday it has entered into an agreement to acquire TaxJar, a provider of sales tax software for internet businesses. According to Stripe, the acquisition will help internet businesses with tax compliance. As the latest addition to Stripe’s revenue platform,… Read More

Stripe launches “Stripe Issuing” in Europe

U.S.-based fintech Stripe announced on Monday it is launching Stripe Issuing in Europe. The feature will be available in 20 countries across the continent, including  Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain,… Read More

Fintech Unicorn Stripe Enters MENA Region Markets with its Dubai, UAE Launch, Following $600M Round

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

GoFundMe Joins Forces With Stripe to Enhance Fundraising Experience in North America

    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

Payments Processing Fintech Giant Stripe Secures $600M in Capital, Company Valued at $95B

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 Announces Buy Now, Pay Later Partnership With Stripe

  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

Former Bank of England Governor Mark Carney Joins Board of Stripe

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

Fintech Stripe Invests in Karachi based Digital Payments Startup Safepay’s Seed Round

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

Healthcare Tech Solutions Provider Nextech Announces Integrated Payment Capabilities Partnership With Stripe

  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

Payments Giant Stripe and Thrive Capital Lead $35M Investment Round in Check, a Company Digitizing Business Payroll

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

Stripe Reportedly Will No Longer Process Payments for the President Trump’s Campaign Website Following Capitol Building Incident

  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

2021 Should See Some Big Fintech IPOs

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

Stripe Joins Forces With Zuora to Accelerate Growth of the Subscription Economy Product

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 Challenges Established Payment Platforms with New Feature Enabling Businesses to Accept Payments Online

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

Stripe Treasury to Allow Customers to Embed Financial Services, Offers Banking as a Service, Will Include Interest Bearing Accounts

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

Fintech Firm Stripe Is Investing like An Early-Stage VC Company with 22 Investments in Startups, Industry Professional Confirms

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

Payments Platform Stripe Is Reportedly Planning to Raise Additional Funds to Reach $70-$100 Billion Valuation

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

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