Tagged: stripe

June 9, 2019 @ 10:10 pm By Samantha Hurst  |  

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

June 6, 2019 @ 1:52 pm By Samantha Hurst  |  

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

May 8, 2019 @ 10:53 am By Samantha Hurst  |  

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

April 25, 2019 @ 2:49 pm By Samantha Hurst  |  

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

April 17, 2019 @ 12:05 pm By Samantha Hurst  |  

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

March 19, 2019 @ 7:28 am By JD Alois  |  

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

February 13, 2019 @ 10:36 am By Samantha Hurst  |  

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

January 23, 2019 @ 10:05 am By JD Alois  |  

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

January 9, 2019 @ 7:01 am By Erin Hobey  |  

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

November 14, 2018 @ 11:59 am By Samantha Hurst  |  

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

October 5, 2018 @ 8:12 am By Samantha Hurst  |  

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

September 26, 2018 @ 4:52 pm By Samantha Hurst  |  

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

August 28, 2018 @ 3:13 pm By Samantha Hurst  |  

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

August 1, 2018 @ 10:06 am By Samantha Hurst  |  

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

July 31, 2018 @ 6:04 pm By JD Alois  |  

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

July 27, 2018 @ 6:55 pm By Samantha Hurst  |  

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

May 17, 2018 @ 9:08 am By Samantha Hurst  |  

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

April 13, 2018 @ 10:20 am By Samantha Hurst  |  

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

March 13, 2018 @ 10:42 pm By JD Alois  |  

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

February 7, 2018 @ 10:41 am By Samantha Hurst  |  

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