Tagged: stripe

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

February 16, 2022 @ 4:10 pm By JD Alois  |  

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

February 9, 2022 @ 10:09 am By JD Alois  |  

  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

February 8, 2022 @ 11:02 am By JD Alois  |  

  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

December 6, 2021 @ 6:09 pm By JD Alois  |  

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

November 24, 2021 @ 2:20 pm By Tony Zerucha  |  

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

November 24, 2021 @ 8:26 am By Omar Faridi  |  

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

November 17, 2021 @ 3:58 pm By Omar Faridi  |  

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

November 17, 2021 @ 3:01 pm By Tony Zerucha  |  

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

October 6, 2021 @ 8:08 pm By Tony Zerucha  |  

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

August 31, 2021 @ 11:18 am By Omar Faridi  |  

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

August 26, 2021 @ 7:18 am By Omar Faridi  |  

Balance, the payments experience platform for B2B e-commerce, reveals that it has acquired $25 million in capital through a Series A round that was led by Ribbit Capital, along with contributions from Avid Ventures as well as existing investors Lightspeed Ventures, Stripe, Y Combinator Continuity… Read More

July 12, 2021 @ 3:06 pm By Omar Faridi  |  

Ireland’s digital payments Fintech Stripe is reportedly getting ready to make a stock market debut after hiring a law firm to look into a potential listing. Stripe is currently valued at around $95 billion. The 11-year old Fintech has been founded by brothers John and… Read More

July 3, 2021 @ 10:12 am By Omar Faridi  |  

UK Finance has confirmed four new appointments to the UK Finance Board – which are all effective as of July 1, 2021. Matt Hammerstein, CEO of Barclays Bank UK; Lucy-Marie Hagues, CEO at Capital One UK; John Hourican, Chief Executive of NewDay Group; and Max… Read More