Tagged: stripe

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

Tandem Teams Up With Stripe to Launch Auto Savings Service

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

Visa Announces Agreement With Postmates to Deliver Instant Deposits to Fleet Through Stripe Instant Payouts Feature

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

Stripe Secures $245 Million in Funding Round Led By Tiger Global; Now Valued at $20 Billion

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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

African Fintech PayStack Secures $8 Million Through Series A Funding Round Led By Stripe

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

Stripe Announces New Partner Program

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

Financial Innovation Now, the Group that Represents Amazon, Apple, Google & More, Welcomes OCCs Decision to Move Forward with Fintech Charter

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

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