Stripe has debuted an open banking-powered payment method and faster manual payouts in the United Kingdom. In addition, the company has expanded Stripe Capital to the U.K., the company said in a Tuesday (May 21) press release. U.K. businesses on Stripe will be the first to access Stripe’s first...
Stripe is reportedly opening a new London location as part of a larger U.K. expansion. This new office will house 250 workers from the payments company’s engineering, sales, partnerships, financial compliance and operations departments, with plans to hire 30 more workers, Stripe President and Co-founder John Collison told Bloomberg...
Cryptocurrency startups are reportedly engaging in aggressive fundraising as the digital asset space recovers. As Bloomberg News reported Saturday (May 4), this approach entails an open-ended form of fundraising that keeps money flowing and fast-tracks valuations. It’s the opposite of the standard venture capital strategy...
Crypto payments have traditionally suffered from a pervasive “cold start” problem. Among other issues hamstringing the integration of blockchain-based digital assets as a payments mechanism, many potential customers simply don’t own any crypto and therefore can’t use it to carry out transactions. And that doesn’t...
April 24, 2024
Small businesses don’t want embracing modern technology to be a big, technical lift. After all, these Main Street-style companies are increasingly busy building out their growth plans and managing a laundry list of unpredictable daily realities. They don’t have the time to devote their finite resources to understanding the intricacies of implementing every new technology […]
December 07, 2023
The manufacturing sector is undergoing a significant transformation in its payment practices, with a growing emphasis on real-time payments. In fact, instant payments have emerged as the leading method for...
October 30, 2023
The world of payment processing plays a crucial role in the operations of small- to medium-sized businesses (SMBs). That payment processor landscape, particularly for Main Street SMBs, is “saturated but...
June 14, 2023
Merchants and online platforms have a user interface problem. Will Gaybrick, president of Product and Business at Stripe, told Karen Webster that pain points at checkout are hampering online conversions,...
May 22, 2024
Meta CEO Mark Zuckerberg has created a product advisory council to provide guidance on the company’s artificial intelligence (AI) and technology efforts. The new Meta Advisory Group will meet periodically with Meta’s management team, Bloomberg reported Wednesday (May 22). The group will be composed of four executives: Patrick Collison, CEO and co-founder of Stripe; Nat Friedman, former CEO of GitHub; Tobi Lütke, CEO of Shopify; and Charlie […]
May 21, 2024
Stripe has debuted an open banking-powered payment method and faster manual payouts in the United Kingdom. In addition, the company has expanded Stripe Capital to the U.K., the company said in a Tuesday...
May 21, 2024
Stripe is reportedly opening a new London location as part of a larger U.K. expansion. This new office will house 250 workers from the payments company’s engineering, sales, partnerships, financial compliance and operations...
May 05, 2024
Cryptocurrency startups are reportedly engaging in aggressive fundraising as the digital asset space recovers. As Bloomberg News reported Saturday (May 4), this approach entails an open-ended form of fundraising that...