Stripe News | Sep 09, 2024

Flávia Oliveira has joined Stripe as Technical Advisor to the Chief Revenue Officer, Eileen O'Mara...


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Stripe

🌎 stripe.com

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.


Updates as of Sep 09, 2024

  • Flávia Oliveira has joined Stripe as Technical Advisor to the Chief Revenue Officer, Eileen O'Mara.
  • AMC+ partnered with Stripe to reduce churn, decrease failed payments, and create a recurring billing solution for its streaming services.
  • Satispay announced a strategic partnership with Stripe to enhance payment solutions for businesses and consumers in Italy.
  • Stripe and EasyStore partnered to help over 1,200 SMEs expand into global markets, as showcased at the Stripe Tour Singapore on August 28th.
  • Stripe is planning to expand into Indonesia by integrating local payment methods, reflecting its growing presence in Asia Pacific.
  • Singleton is passing the reins to deputy CTO Rahul Patil, who has been with Stripe for four years.
  • Stripe announced new Revenue and Finance Automation tools including a Meters API for usage-based billing, app store connectors, stackable discounts, and tax overrides.
  • Stripe is launching a new product called UPiT soon.
  • Brainvire's Main Court Pickleball Player App integrates Stripe payment processing for secure transactions.
  • Stripe unveiled AI-powered tools for payments, pricing, and fraud prevention during Stripe Tour Singapore, including an Optimised Checkout Suite, no-code A/B testing, Adaptive Pricing, and Radar Assistant.
  • Stripe introduced AI-powered payment solutions and expanded market coverage in South Korea at Stripe Tour Singapore.
  • Stripe has begun to integrate crypto products like USDC into their offerings.
  • David Singleton is stepping down as CTO at Stripe after seven years to start his own venture.
  • Stripe integration allows Power Pages site admins to add no-code payment options using the design studio's Setup workspace.
  • Stripe expanded its market coverage in Asia and introduced AI-powered payments to support cross-border commerce at Stripe Tour Singapore.
  • Stripe increased the Terminal commission fee from MXN$120 to MXN$751.
  • Luis Villarreal accused Stripe of stealing money from customers in Mexico by citing a non-existent clause in their terms of service.
  • Stripe launched Adaptive Pricing for over 20 new countries, supporting more than 100 currencies.
  • Stripe's latest beta launch will allow US retailers to sell directly to Nigerians, collect payments in Naira, and receive settlements in USD.
  • Stripe partnered with buy now, pay later company Zip to offer BNPL options to online retailers using Stripe's payment processing platform.
  • Stripe marked its 10th anniversary in Australia by launching new solutions like PayTo and Instant Payouts to support business growth.
  • Stripe launched Workbench to help developers debug, monitor, and grow integrations with tools like a command-line shell and API object inspector.
  • Miranda Kalinowski has joined Stripe as the Head of Global Recruiting.
  • Kalyani Wanikar has left Stripe as the APAC (International) People Partner in Germany to join GetYourGuide as a Senior People Partner.
  • Mahmoud Labassi has left Stripe as Enterprise Sales- Platforms - EMEA in France to join Airwallex as Head of GTM & Sales France.
  • CSFloat launches seamless transactions on Polygon PoS via Stripe.
  • Stripe will participate in the World Travel Market London event on September 3-4.
  • Automattic's WooCommerce platform integrates services from Stripe to help businesses run and grow their online stores.
  • Stripe will showcase new products and insights from top users at Stripe Tour New York on October 9.
  • A vulnerability in Stripe's stripe-cli tool from version 1.11.1 to 1.21.3 allows arbitrary file overwriting via malformed plugin shortnames.
  • A security researcher exploited a 'pwn request' vulnerability in a public Stripe repository, allowing unauthorized commits and exfiltration of the GitHub token to a researcher-controlled endpoint.
  • Stripe surpassed $1 trillion in total payment volume in 2023, with cross-border payment volume in Asia growing over 30% and a 28% increase in Asian businesses processing $1 million or more on the platform.
  • Stripe's async-stripe library for Rust is undergoing a major rewrite to improve efficiency and ease of use, with significant reductions in build times and binary sizes.
  • Stripe marked its 10th anniversary in Australia by announcing that businesses have processed over A$200 billion on its platform and introduced new solutions including support for PayTo and Instant Payouts.
  • Stripe received the highest scores in more criteria than any other provider evaluated in The Forrester Wave™.
  • Stripe is currently hiring for the position of Internal Audit Finance Operations Lead in the United Kingdom.
  • Stripe is currently hiring for the position of Product Counsel: RFA in the United States (Remote).
  • Jared Franklin has joined Stripe as Strategy & Business Operations in the United States, previously working in a similar role.
  • Stripe is currently hiring for the position of Startup Partner (Northern Europe) in Sweden.
  • Rahul Goel announced switching to Stripe for payment gateway integration on September 1.
  • Stripe's embedded checkout is being integrated into PPResume's frontend, with positive feedback on UX and DX but some undocumented caveats.
  • Stripe is an early customer of Isometric, a two-year-old carbon registry proposing a solution to the voluntary carbon market's trust problem.
  • ZoomInfo moved over 90% of its credit card payment volume to Stripe using Stripe Connector for NetSuite, completing the integration in just two days.
  • Fender migrated 70,000 subscribers to Stripe Billing in 3 hours.
  • Stripe's cross-border payments volume in Asia grew by over 30% last year, announced during Stripe Tour Singapore on August 28, 2024.
  • Stripe launched AI-powered payment tools to boost cross-border commerce in Asia and opened a new office in London.
  • Stripe is self-funding a tender offer allowing employees to sell up to $50,000 of shares, with $615 million in free cash flow in the last quarter.
  • Stripe is currently hiring for the position of Demand and Pipeline Intelligence Lead in the United States.
  • Stripe is currently hiring for the position of Commercial Counsel in the United States.
  • Stripe is currently hiring an Executive Briefing Account Strategist in the United States.
  • Stripe is currently hiring for the position of Americas Field Marketing, Startups and SMB in the United States.
  • Stripe is currently hiring for the position of Partner Marketing Lead, Connectors & Stripe App Marketplace in the United States.
  • Stripe is currently hiring for the position of Sales Compensation Payments Lead in the United States.
  • Laxmi Keshote joined Stripe as Treasurer - APAC and Head of Global Treasury Operations in Singapore, previously serving as Treasurer - APAC and Head of Global Treasury Operations.
  • Stripe is currently hiring for the position of Product Counsel, Hardware in Singapore.
  • Stripe is a customer of crypto infrastructure company Zero Hash.
  • John Collison of Stripe will be participating in the Founders Fireside chat organized by Dogpatch Labs.
  • Stripe's Money Movement Network team, led by Andreea Manole, is expanding in Bucharest to enhance its core financial infrastructure.
  • Stripe planned a new tender offer to buy back employee shares using its own cash, reflecting significant business improvement from its previous slump.
  • Australian streaming service Stan chose Stripe to power its online payments and subscription billing.
  • Stripe announced that Stripe Billing was recognized as a leader in Gartner's Magic Quadrant for Recurring Billing Applications on August 22, 2024.
  • Stripe announced a partnership with Stan to power online payments and subscription billing, aiming to increase authorization rates and reduce involuntary churn.

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