Tagged: stripe

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

Fintech Stripe Launches Operations in Thailand

Stripe recently announced its general availability in Thailand, where its financial infrastructure platform will “help solve the complex payments issues facing Thai businesses.” Tee Chayakul, Thailand country director at Stripe, said: “Thailand’s digital economy is one of the fastest growing in Southeast Asia. However, moving… Read More

Wio Bank Teams Up with Financial Infrastructure Fintech Stripe

Wio Bank PJSC, the region’s first platform bank, has announced a partnership with Stripe, a financial infrastructure platform for businesses, which will “enable SMEs in the UAE to access the power of e-commerce faster and more easily and conveniently.” Through this partnership, Wio Business, the… Read More

Irish Life Chooses Stripe to Enable Smart Invest App Payments

Stripe, a financial infrastructure platform for businesses, announced that the life insurance and pensions company Irish Life has chosen Stripe as “a strategic payments provider for its Smart Invest app.” The partnership will “make it easier for Smart Invest users to initiate both one-off and… Read More

Video Commerce Platform CommentSold Launches POS Solution Built on Stripe Terminal

CommentSold, the  live video commerce solution enabling retail businesses to unlock sales growth through live selling, announced the launch of its point of sale (POS) system built on Stripe, a financial infrastructure platform for businesses. This addition to CommentSold’s suite of solutions for retailers “gives… Read More

Not as bad as Klarna but still: Stripe Gets 28% Haircut in Valuation

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

Fintech Revolut Adds Stripe to Support International Expansion Efforts

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

Finance for Startups: Arc and Stripe Partner on Arc Treasury Service

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

Capchase to Provide Access to Credit via Stripe

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

Stripe Terminal Now Available in Singapore

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

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