Tagged: stripe

Newcastle based ION and Fintech Stripe Enter Billing Partnership

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

Stripe is Piloting Crypto Payments on Twitter, First with USDC

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

James Phillips to Join Fintech Stripe as President of Financial Services

  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

Stripe Provides Update: Processed Over $640 Billion in 2021

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

Visa Canada, DoorDash Support Real-Time Digital Payments via Fintech Stripe

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

Payments Fintech Stripe Introduces Automated Tax Service for Singapore Clients

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

Blockchain.com Selects Fintech Stripe to Bring More Consumers into Crypto Economy

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

Payments Fintech Stripe to Support Crypto Firms Including NFT Marketplaces, Partners with FTX

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

Here’s the Min Gross Payment Volume Needed to Integrate Payments: Report

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

UK’s MarketFinance Says that Embedded Lending Could Become More Widely Adopted

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

Check Raises $75 Million Led by Stripe

Check has raised a $75 million Series C led that was laid by payments platform Stripe. The funding included the participation of existing investors Index, Thrive, and Bedrock. Check is an early-stage payroll infrastructure firm whose mission is to make paying people simple. Its platform… Read More

Stripe is Accepting Applications for Apple’s Tap to Pay Feature

  Apple (NASDAQ:AAPL)  announced yesterday that soon it will accept merchant payments directly on an iPhone, turning the mobile phone into a payments terminal. The “Tap to Pay” service utilizes the iPhone’s NFC (near field communication) technology that has been incorporated into the devices for… Read More

Apple Takes Payments Another Step Turning iPhones Into Payment Terminals with “Tap to Pay”

  Apple (NASDAQ:AAPL), the largest public company in the world and creator of the ubiquitous iPhone, says that later this year it will begin allowing merchant payments directly on the iPhone. This will position Apple as a competitor with other merchant payment providers while potentially… Read More

Stripe Purchases App Marketplace Software OpenChannel

Stripe, a global payments and digital banking Fintech, has acquired OpenChannel, a company based in Canada that helps businesses to build, launch, and manage app ecosystems. The terms of the deal were not disclosed. In a brief statement, Stripe stated that OpenChannel will join Stripe’s… Read More

Stripe Remains Non-Committal on Cryptocurrency Payments 42 months After Stopping the Practice

While Stripe does not currently accept cryptocurrencies as payment, the are monitoring the space and could change that policy in the future, its co-founder and president said today. Speaking at the Fintech Abu Dhabi Festival, John Collison noted his company and cryptocurrencies were founded within… Read More

Fintech Stripe Expands Stripe Terminal to Ireland, France, Germany, UK, Netherlands

Stripe, a tech firm establishing key economic infrastructure for the Internet, has announced the expansion of Stripe Terminal to Ireland, France, Germany, the UK, and the Netherlands. As European consumers return to in-person shopping, Terminal “extends Stripe’s payments infrastructure to the physical world.” International businesses… Read More

Branded Payment and Rewards Platform Imprint Reveals that Kleiner Perkins Led its Series A Investment Round

Imprint, which provides branded payments and rewards products, has announced a $38 million Series A round that was led by Kleiner Perkins with Fintech Stripe participating. Imprint is focused on developing the “most rewarding, and most inclusive way for customers to pay at the brands… Read More

Neo Financial, a Rare Central Canadian Fintech Success Story, Receives $1.6M for Training

Neo Financial, a Canadian fintech based in Winnipeg, Man., has made great strides since its founding in the fall of 2019. This week Neo Financial received $1.6 million from the Province of Manitoba’s Industry Expansion Program to train 300 new and 32 existing employees in… Read More

Hacked Crypto, Payments Account Costs on the Rise

The value of hacked PayPal accounts has surged in 2021, while verified cryptocurrency accounts will cost you a pretty penny, research analyzed and originally published by wette.de reveals. In September, such an account was worth 9.2 cents for every dollar in the account. That is… Read More

Fintech Stripe Extends Partnership with China’s UnionPay International, a Leading Global Payments Network

Stripe, a tech firm that develops vital economic infrastructure for the Internet, has extended ts partnership with China’s UnionPay International, which is one of the biggest payment networks in the world. The updated integration should enable businesses in over 30 different markets, including Australia, Singapore,… Read More

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