Tagged: stripe

July 15, 2022 @ 4:23 pm By JD Alois  |  

Stripe, a very popular payments platform and evolving Fintech, has taken a hit on its valuation, echoing other firms that have had to reduce values to raise money. According to WSJ.com, Stripe slashed its private per share price from $40 to $29 or $95 billion… Read More

July 9, 2022 @ 5:39 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced that Revolut will use Stripe “to support payments in the UK and Europe and accelerate its expansion into new markets.” Founded in 2015, Revolut has rapidly “become one of Europe’s great fintech success stories.” After launching in… Read More

June 14, 2022 @ 6:13 pm By JD Alois  |  

Arc, a Fintech providing “revenue-based financing” (RBF), has partnered with Stripe to offer a new product “Arc Treasury.” Arc’s founders Stripe is the global Fintech and well-known transaction and banking-as-a-service provider (BaaS). Arc’s founders, Don Muir and Nick Lombardo came from VC and PE backgrounds… Read More

June 14, 2022 @ 11:00 am By JD Alois  |  

Capchase has been added to Stripe’s App marketplace so users may gain access to credit. Stripe customers can now access Capchase’s offerings, including Capchase Grow (Recurring Revenue Financing) and Capchase Extend (Expense Financing), directly through Stripe’s interface. Miguel Fernandez, co-founder and CEO of Capchase, said… Read More

June 4, 2022 @ 1:49 pm By Omar Faridi  |  

Stripe, an international financial infrastructure platform, recently announced that Stripe Terminal is currently available in Singapore, making it convenient for companies to create custom checkout experiences for accepting in-person payments, along with unifying client experience and data across online and in-person transfers. Although selling items… Read More

June 2, 2022 @ 9:16 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth and Stripe, a financial infrastructure platform for businesses, announced a partnership that “makes Affirm’s Adaptive Checkout available to Stripe users in the U.S. today.” Adaptive Checkout uses Affirm’s smart decision engine “to… Read More

May 26, 2022 @ 6:46 am By Omar Faridi  |  

Fintech firm Stripe has reportedly opened an App Marketplace that’s currently housing up to 50 third-party business apps from vendors such as DocuSign, Dropbox, Intercom, Mailchimp, Ramp, and Xero. As mentioned in the announcement, Stripe Apps aims to make it possible for businesses to customize… Read More

May 25, 2022 @ 5:54 am By Omar Faridi  |  

Fundbox recently announced that its working capital platform is now embedded “within Stripe, a financial infrastructure platform for businesses.” A key player in providing embedded working capital solutions for B2B sellers, Fundbox’s collaboration with Stripe is “the first of many new integrations to come as… Read More

May 7, 2022 @ 5:21 pm By JD Alois  |  

This past week, Stripe announced an open banking (or open finance) initiative with Stripe Financial Connections. Stripe laid out its plans explaining they were “enabling businesses to establish direct connections with their customers’ bank accounts that power a wide range of financial processes.” This is… Read More

May 6, 2022 @ 2:01 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, has launched Stripe Financial Connections, “enabling businesses to establish direct connections with their customers’ bank accounts that power a wide range of financial processes.” The new service aligns with the Open Banking or Open Finance movement that enables… Read More

April 27, 2022 @ 6:52 pm By Omar Faridi  |  

Newcastle-headquartered Fintech firm, ION is pleased to confirm that they have joined Stripe’s Partner Ecosystem (SPE), becoming a key partner with Stripe, an international tech firm that is focused on building payments infrastructure for the Internet. As an endorsement of the collaboration, Stripe has appointed… Read More

April 25, 2022 @ 4:25 pm By JD Alois  |  

Stripe, the global payments platform, is partnering with Twitter to enable payments with cryptocurrency. In a blog post on Friday, Stripe said they are introducing crypto payouts for Connect. Stripe Connect is a set of programmable APIs and tools that allow a user to build… Read More

April 20, 2022 @ 11:30 am By Omar Faridi  |  

  Stripe, a financial infrastructure platform for businesses, recently announced that James Phillips will be joining as President of Financial Services. James joins Stripe after spending about a decade working at Microsoft where he “helped scale the Digital Transformation Platform Group.” At Microsoft, James led… Read More

April 15, 2022 @ 4:43 pm By JD Alois  |  

Stripe, the go-to payments platform for web developers, has distributed an update on 2021 performance. According to the Fintech, in 2021, the company processed more than $640 billion in payments. This is an increase of 60% from the year prior. Stripe does add the caveat… Read More

March 24, 2022 @ 3:57 pm By Omar Faridi  |  

Visa (NYSE: V) has announced a new offering with DoorDash, a “last-mile” logistics platform, in order to help enable faster payouts “to eligible Dashers across Canada.” The latest feature, called DoorDash Fast Pay, is “facilitated by Stripe’s Instant Payouts product, made available through Stripe’s financial… Read More

March 24, 2022 @ 11:43 am By Omar Faridi  |  

Stripe, an international payments company, recently confirmed the launch of Stripe Tax in Singapore. This feature should assist businesses operating in Singapore to automatically determine and collect consumption tax, better referred to as goods and services tax (GST), in the Southeast Asia-based country, as well… Read More

March 18, 2022 @ 4:09 pm By Omar Faridi  |  

Stripe, a tech firm building financial infrastructure for the Internet, confirmed that Blockchain.com has “chosen Stripe to facilitate payments, mitigate fraud risk, and improve revenue management.” Established in 2011, Blockchain.com was one of the early infrastructure “pioneers” of the Bitcoin community. As of January 2022,… Read More

March 11, 2022 @ 12:23 pm By Omar Faridi  |  

Payments company Stripe supports cryptocurrency businesses, including digital asset trading platforms, online wallets, and (non-fungible token) NFT marketplaces. The new service will be provided in partnership with FTX and FTX US (the US-facing crypto exchange). The update was shared by Stripe co-founder John Collison via… Read More

March 3, 2022 @ 5:01 pm By Omar Faridi  |  

Gross Payment Volume (GPV) is a term commonly used in payments to “describe the total monetary value of transactions that pass through a payments system (Merchant, Payment Facilitator, Payment Processor, etc.) within a defined period of time.” As noted in an update from Finix Payments,… Read More

February 18, 2022 @ 3:53 pm By Omar Faridi  |  

Much has been made of embedded lending during the past couple years. With the COVID-19 crisis shuttering businesses and forcing a major shift to online and all-digital services, you could say that this was inevitable. Now, large Fintechs like Klarna, Stripe and PayPal have shown… Read More