Tagged: stripe

June 15, 2021 @ 8:12 am By Omar Faridi  |  

Fintech firm Stripe remains focused on expanding its services beyond just payments. The company has introduced a tool that’s designed to assist Internet businesses with securely verifying the identities of their clients from more than 30 different countries. Stripe Identity has been developed to assist… Read More

May 27, 2021 @ 9:09 am By Samantha Hurst  |  

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

May 26, 2021 @ 10:08 pm By Omar Faridi  |  

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

May 16, 2021 @ 10:15 pm By Samantha Hurst  |  

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

April 27, 2021 @ 3:59 pm By Samantha Hurst  |  

  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

April 19, 2021 @ 8:03 am By Samantha Hurst  |  

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

April 6, 2021 @ 7:56 am By Omar Faridi  |  

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

March 26, 2021 @ 1:42 pm By Samantha Hurst  |  

    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

March 15, 2021 @ 8:26 am By Omar Faridi  |  

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

February 24, 2021 @ 9:33 am By Samantha Hurst  |  

  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

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 28, 2021 @ 8:18 am By Omar Faridi  |  

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

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

January 4, 2021 @ 9:00 pm By JD Alois  |  

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

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 4, 2020 @ 11:49 am By JD Alois  |  

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

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