Stripe | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Stripe is a financial infrastructure platform that enables businesses to accept payments, send payouts, and automate financial processes....


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Stripe is a financial infrastructure platform that enables businesses to accept payments, send payouts, and automate financial processes. It serves millions of companies, from large enterprises to startups, and aims to increase the GDP of the internet. Headquartered in South San Francisco and Dublin, Stripe provides a suite of APIs and no-code tools for online and in-person payment processing.

Website
Headquarters
South San Francisco, California
Size
1001-5000 employees
Industry
Technology, Information and Internet

πŸ›οΈ Stripe Product and Pricing News β†’

πŸ‘” Stripe CEO, Management and Leadership Team β†’

βš”οΈ Stripe Alternatives and Competitors β†’

πŸ’Ό Stripe Hiring and Layoffs β†’

πŸ€– Stripe Developer, Integration and Automation News β†’

πŸ“ˆ Stripe Financials, Fundraising and Valuation News β†’

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πŸ›οΈ Stripe Product and Pricing News

  • Stripe Sigma now integrates AI technology to provide faster business insights and customizable reports using SQL or natural language.
  • Stripe Tax now offers the option to file tax returns through authorized partners or access reports for self-filing, enhancing global tax compliance capabilities.
  • Stripe is set to launch a new app that will change how users manage billing directly within the platform.
  • Stripe has launched a public preview of the Customer Portal feature allowing immediate upgrades and period-end downgrades for subscriptions.
  • Stripe now allows all its merchants and customers to transact with $USDC and $USDP directly on their platform using Solana.

  • Stripe is expanding its billing product to support 12 non-Stripe acquirer processors, including WorldPay, and has announced new clients like Nvidia, Cloudflare, and Pepsico.
  • Stripe has integrated a new feature into Link for instant bank payments, now available by default for all businesses and customers in the US.
  • Stripe reintroduced the 'Pay with crypto' feature, allowing US businesses to accept stablecoins from over 150 countries and receive payments in USD.

πŸ‘” Stripe CEO, Management and Leadership Team


βš”οΈ Stripe Alternatives and Competitors

Monitor your competitors, clients, accounts, partners etc. with RivalSense AI


πŸ’Ό Stripe Hiring and Layoffs

  • Michi Kono has left Stripe as Head of Engineering, Identity and Radar ML to join Garner Health as Chief Technology Officer in the United States.
  • FlΓ‘via Oliveira has joined Stripe as Technical Advisor to the Chief Revenue Officer, Eileen O'Mara.
  • Singleton is passing the reins to deputy CTO Rahul Patil, who has been with Stripe for four years.
  • David Singleton is stepping down as CTO at Stripe after seven years to start his own venture.
  • Stripe has welcomed Andreea Manole to lead their EMEA engineering teams and is expanding in London and Bucharest.

  • Janette Lee has joined Stripe as the Head of Global Business Value Consulting, relocating from Twilio where she served as the Global Head of Value Engineering.
  • Swati Moran has left Stripe as the GTM Partner Program Leader to join Docusign as the Sr. Director Partner Programs & Success in the United States.
  • Kwame (KC) Carlor ☁ has joined Stripe as a Strategic Account Director in the United States, previously serving as Regional Vice President, Growth Business at Salesforce.

πŸ€– Stripe Developer, Integration and Automation News

  • Stripe has partnered with FreedomPay to enhance online and in-person payment solutions for enterprises.
  • Stripe announced new partnerships with Nvidia, Pepsi, Rivian, Amazon, AMC Networks, and FreedomPay to expand its payment software services.
  • Stripe announced a new collaboration with NVIDIA to advance AI and improve fraud detection for its customers.
  • Enercare chooses Stripe as its strategic payments partner.
  • Stripe partnered with Frontier to facilitate $4.5M in carbon removal prepurchases from nine companies, including Planeteers.

  • Stripe announced a collaboration with Avalanche, Homium, and Konami.
  • Stripe and Shopplaza have partnered to develop Shopplaza Payments, a secure and efficient financial payment product tailored to Shopplaza’s customers’ needs.
  • Stripe partnered with TrueLayer to enhance its Pay by Bank service in the UK, aiming to reduce transaction fees and streamline Open Banking payments.

πŸ“ˆ Stripe Financials, Fundraising and Valuation News

  • Stripe acquires stablecoin payment startup Bridge for $1.1 billion, marking the largest acquisition in its history.
  • Stripe acquires Stablecoin for $1.1 billion, marking its largest acquisition and a significant move in the crypto space.
  • Stripe's acquisition deal with TADA indicates significant growth in fiat payment transactions across Southeast Asia.
  • Stripe is selling Indie Hackers.
  • The average pay at Stripe's UK unit increased to €426,051 last year, driven by share-based payments, while profits nearly tripled to Β£41.62 million.

  • TrueLayer, backed by Stripe, reported a 40% increase in pre-tax losses to Β£55.6m for 2023 despite tripling its revenue year-on-year.
  • Stripe has updated its financial metrics and balances from USD to SGD on its Singapore webpage.
  • Stripe reported a significant increase in losses for its EMEA and APAC-focused Stripe Payments International Holdings in FY 2023, partly due to a one-off employee share payment.

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