Tagged: stripe

Financial Infrastructure Fintech Stripe Launches Charge Card Program for Stripe Issuing

Stripe, a financial infrastructure platform for businesses, today announced a new charge card program for Stripe Issuing, Stripe’s commercial card issuing product. With the addition of charge cards, fintechs and platforms can “create and distribute virtual or physical charge cards that allow their customers to… Read More

Airbnb Partners with Fintech Stripe to Support Bank Payments

Stripe, a financial infrastructure platform for businesses, recently announced that it is partnering with Airbnb in order “to power bank payments for Airbnb guests.” Airbnb guests can now use Stripe Financial Connections “to securely and instantly add their bank account as a payment method.” Once… Read More

Digital Payments: Fintech Stripe Launches Customizable Smart Reader

Stripe, a financial infrastructure platform for businesses, today unveiled Stripe Reader S700 to help businesses bring their online and in-person payments experiences closer together than ever before. The new, Android-based smart reader is “part of Stripe Terminal, a set of developer interfaces, pre-certified card readers,… Read More

Fintech Stripe, Uber to Enhance Payments Processing, Reduce Costs

Stripe, a financial infrastructure platform for businesses, announced an expanded global partnership with Uber Technologies, Inc. Uber will significantly “expand its use of Stripe’s payments platform, including in the US, to reduce costs and give customers more flexible ways to pay for Uber Rides and… Read More

Fintech Stripe, Microsoft Launch Teams Payments

Microsoft (NASDAQ: MSFT) and Stripe are launching a new feature on Microsoft Teams that will empower companies “to unlock new revenue streams and grow their business – all with the simple touch of a button.” Introducing Teams Payments, a solution that “enables meeting hosts to… Read More

Financial Infrastructure Platform Stripe Launches Unified Commerce Solutions in Australia

Stripe, a financial infrastructure platform for businesses, announced that its suite of unified commerce solutions is now available in Australia, “including Stripe Terminal with Tap to Pay on Android for in-person contactless payments.” In Australia, over three-quarters of consumer payments are “made with cards.” By… Read More

Web3: Fintech Stripe, Zero Hash to Build Enhanced Crypto Payments Experience

Stripe now enables merchants to embed the acceptance of digital payments, “with a full suite of developer-first tools that makes the entire payments experience seamless.” Stripe is not only a key player within Fintech, but has also “grown to become one of the most valuable… Read More

Affirm Moves into Canada in Partnership with Stripe

Affirm (NASDAQ: AFRM) is expanding its offerings north by moving into Canada. Affirm is a top buy now pay later (BNPL) platform founded by Max Levchin, who also co-founded PayPal. The expansion into Canada is being enabled by another big Fintech – Stripe, which now… Read More

Payment Processing: Businesses Built on Stripe Processed $817B+ in Total Volume Last Year, Up 26% YoY

Stripe, a financial infrastructure platform for businesses, released its annual letter from Cofounders John and Patrick Collison. The letter “takes stock of Stripe’s business, reflects on the past year, and shares the Collisons’ views on the trends shaping the online economy.” Collectively, businesses built on… Read More

Payment Platform Regpack, Fintech Stripe to Expand Support for International Currencies

Regpack, a software leader that enables quick and simple automation of billing and other business processes, announced a partnership with Stripe, a financial infrastructure platform for businesses. With Stripe, Regpack will “enable its customers to expand services and receive payments in Euros, Yen and the… Read More

AI Adoption: Financial Infrastructure Firm Stripe to Help Monetize OpenAI’s Products, Enhance Fintech Platform with GPT-4

Stripe, a financial infrastructure platform for businesses, announced OpenAI has chosen Stripe to power payments as it “moves to commercialize its groundbreaking ChatGPT and DALL·E generative AI technologies.” Stripe is also “incorporating OpenAI’s new natural language technology, GPT-4, into its products and services.” Peter Welinder,… Read More

Fintech Stripe Raises $6.5 Billion at $50 Billion Valuation, a Big Drop from Prior Round

Stripe, a leading Fintech in the payments and transaction sector, has raised $6.5 billion (€6.15 billion) at a $50 billion (€47 billion) valuation. The “Series I” round took a significant haircut from its last round. In 2022, Stripe raised money at a $74 billion valuation. … Read More

Wix, Stripe Bring Tap to Pay on iPhone to US Merchants

Wix.com Ltd. (NASDAQ: WIX), a global SaaS platform to create, manage and grow an online presence, announced an extended partnership with Stripe in order “to bring Tap to Pay on iPhone to U.S.-based Wix merchants.” This enables Wix merchants “to accept secure, contactless payments directly… Read More

Insurtech Socotra Introduces CorePlus Insurance IT Solutions

Socotra announced the launch of Socotra CorePlus, a line of complete insurance IT solutions composed of Socotra Connected Core, seamlessly integrated via Socotra App MarketPlace with software and data providers, including Mendix, Snapsheet, and Stripe. Socotra CorePlus is designed to decrease risk and costs, while… Read More

Fintech Stripe Expands Network Tokens, Card Account Updater to Improve Conversion

Stripe, a financial infrastructure platform for businesses, announced the expansion of its network tokens and card account updater in partnership with Visa, Mastercard, and American Express. Together, these features “help businesses protect revenue, increase authorization rates, and reduce the churn that occurs when customers’ credit… Read More

Fintech Stripe Launches Enhanced Issuer Network

Stripe, a financial infrastructure platform for businesses, announced the launch of Enhanced Issuer Network, a set of partnerships with major US card issuers. Stripe provides secure access “to transaction fraud scores from Stripe Radar, its fraud prevention solution, through an encrypted pathway with issuers including… Read More

Fintech Stripe Is Reportedly Looking into Launching an IPO

Stripe Inc., which is one of Silicon Valley’s most valuable Fintechs, is reportedly getting closer to what might be one of the largest public-market entries in recent times. Stripe co-founders Patrick and John Collison told company workers that the firm’s executives set a goal of… Read More

Crypto-Powered Commerce Platform Launched by FASTAF via Solana, Stripe Partnerships

FASTAF, which claims to be an ultrafast delivery startup supported by former NBA star Baron Davis, launches one of the “first” cryptocurrency-powered commerce platforms through partnerships with Stripe and Solana. As noted in the update shared with CI, FastAF says it is the “first” and… Read More

YouWrk, which Offers Stripe powered Recruitment Solutions, Raises Over £143K via Crowdcube

YouWrk, which claims it is recruitment that “works for everyone,” blending the “best” of digital and human, with Stripe-powered technology and “hands on account management,” has raised 95% (£143,344.58) of its £150,000 target from 87 investors with 9 days left (at the time of writing)… Read More

Stripe Slashes Workforce by 14% as Tough Economy Hits Business

Stripe has issued a statement that it has cut 14% of its workforce as the challenging economy of sky-high inflation, rising interest rates, and slowing business activity hits home. Stripe said they expect to return to their February headcount of 7000 employees. In a letter… Read More

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