Tagged: stripe

January 24, 2025 @ 1:36 pm By Omar Faridi  |  

In a move that has sent ripples across the fintech and broader financial services sectors, Stripe, the global payment processing giant, announced a reduction in its workforce by 300 employees. Financial infrastructure firm Stripe’s management claimed that this restructuring is reportedly part of a broader… Read More

December 4, 2024 @ 9:48 am By Omar Faridi  |  

From Black Friday through Cyber Monday (BFCM), Stripe reportedly processed 465 million transactions with a total payment volume of over $31 billion. Stripe claims that it was the “largest ever” four-day period on Stripe. Stripe’s public microsite and custom BFCM machine tracked results in real-time,… Read More

November 17, 2024 @ 6:08 pm By Omar Faridi  |  

Jeff Weinstein, a Product Specialist at Stripe, recently announced an innovative development for the AI community. Weinstein noted that Stripe’s launch of a new SDK is specifically designed for AI agents. Today(), @stripe is launching a SDK built for AI agents: – LLMs can call… Read More

October 28, 2024 @ 1:03 am By Tony Zerucha  |  

EtherMail founder and CEO Shant Kevonian said Stripe’s $1.1 billion acquisition of Bridge, a stablecoin API provider, is a pivotal moment in bridging the Web2/Web3 divide. Kevonian said the move is the latest step in the ongoing convergence of the crypto and fintech markets –… Read More

October 21, 2024 @ 7:50 am By Omar Faridi  |  

Fintech Stripe has reportedly acquired stablecoin platform Bridge for $1.1 billion, according to an update shared via social media by tech industry entrepreneur Michael Arrington. As mentioned in the announcement, this deal notably makes it Stripe’s largest acquisition to date, and also one of the… Read More

September 29, 2024 @ 6:02 pm By Tony Zerucha  |  

Stripe, Databricks, Rippling, and OpenAI all made the cut when Forge (NYSE: FRGE), a private market platform, identified the Private Magnificent 7, which comprises seven of the largest, most resilient, and highest-performing companies in the U.S. innovation economy. Much like their public market counterparts, this… Read More

September 27, 2024 @ 6:38 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, has reportedly opened its new flagship office in Toronto. The expansion reflects Toronto’s growth as the fourth-largest market “for tech talent in North America and reinforces Stripe’s commitment to Canada.” Stripe serves fast-growing Canadian startups and platforms “such… Read More

September 19, 2024 @ 9:18 am By Omar Faridi  |  

 Capchase, a provider of revenue acceleration solutions for SaaS, is announcing a strategic partnership with Stripe, a financial infrastructure platform for businesses. This partnership makes Capchase’s buy-now-pay-later (BNPL) solution “available within Stripe.” This marks Stripe’s first-ever B2B BNPL payment method “offering in the U.S. market.”… Read More

September 13, 2024 @ 8:34 am By Omar Faridi  |  

Kriya, the B2B PayLater payments solution, is now available on Stripe, a financial infrastructure platform for businesses. Starting this month, Stripe users can offer flexible payment terms “to their business buyers through Kriya.” B2B commerce is digitizing rapidly, and business buyers now “expect to purchase… Read More

September 11, 2024 @ 8:16 am By Omar Faridi  |  

TrueLayer, an open banking payments network, says it has expanded its partnership with Stripe. TrueLayer now underpins Stripe’s Pay by Bank offering “across its payments products in the UK.” In May, Stripe unveiled Pay by Bank—a new payment method “enabling merchants to accept payments directly… Read More

August 22, 2024 @ 9:12 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, marked its 10th anniversary serving Australian businesses, marking the rapid growth in the country’s internet economy. At its annual conference, Stripe Tour Sydney, Stripe reinforced its commitment “to Australia by launching new solutions to support businesses’ growth, including… Read More

August 17, 2024 @ 3:08 pm By Omar Faridi  |  

Zip (ASX: ZIP), a digital financial services company offering innovative, people-centered products, announced its integration as a payment method for U.S. merchants using Stripe. With the new integration, eligible merchants can easily enable Zip as “a payment method with a single click, which can help… Read More

August 10, 2024 @ 10:56 am By Omar Faridi  |  

Stripe has announced Adaptive Pricing for businesses in Asia Pacific and Latin America. According to Stripe, this means businesses can “automatically show pricing in local currencies for buyers in over 150 countries.” As noted in an update from Stripe, online shoppers are “purchasing more goods… Read More

August 7, 2024 @ 3:26 pm By JD Alois  |  

Digital asset firm Bitstamp will partner with Stripe to enable a fiat-to-crypto onramp in the European Union. The collaboration will see the Stripe onramp, a customizable widget powered by Bitstamp. The goal is to simplify the process so developers can incorporate the feature with little… Read More

July 30, 2024 @ 11:18 am By Omar Faridi  |  

Fifth Third Bank is pleased to announce a collaborative agreement between Newline by Fifth Third, an embedded payments provider, and Stripe, a financial infrastructure platform that enables businesses to seamlessly incorporate financial services in their products. Together, Newline and Stripe will “expand embedded financial services… Read More

July 25, 2024 @ 10:02 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses with a fiat-to-crypto onramp, now supports the Avalanche C-Chain. Retail users can purchase AVAX directly “through Stripe, removing the need to go through an exchange.” Available to U.S. Stripe’s fiat-to-crypto onramp is “a customizable widget embedded into Avalanche… Read More

July 21, 2024 @ 8:20 pm By Omar Faridi  |  

Blockbuster deals to Stripe and AlphaSense buoy an otherwise flat quarter for the Fintech sector, according to an extensive update from CBInsights. On the surface, Q2’24 was a return “to growth for fintech, with funding increasing 19% quarter-over-quarter (QoQ) to $8.9B,” the CBInsights report revealed…. Read More

June 27, 2024 @ 5:25 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has revealed a partnership with global e-commerce enabler Stripe.  According to a blog post on Coinbase, Stripe will now support Base – a level II Ethereum-based network incubated by Coinbase and open source. Coinbase describes Base as their “all in” commitment to onchain,… Read More

June 14, 2024 @ 8:57 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced a range of product and partnership updates for businesses operating in France. This represents Stripe’s largest set of new products “for the French market since launching in the country in 2016.” Starting this summer, Alma, the buy… Read More

June 12, 2024 @ 10:47 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, has announced that it will become the primary payments partner globally for Accor—one of the world’s largest hospitality companies comprising more than 40 hotel brands in 5,600 locations across more than 110 countries. Accor has a sharp focus… Read More