---

Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

---

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 23, 2024

• Enercare chooses Stripe as its strategic payments partner.
• Stripe will integrate fiat payments and multi-chain wallets by October 15th.
• Stripe approved crypto onramp for Avalanche c-chain applications.
• Stripe introduced instant payments to Swedbank Latvia accounts with a €200 daily limit and a 1% fee.
• Stripe is expanding its Travel & Hospitality team in America and recruiting a leader for its AMER travel & leisure business.

• Stripe has updated Stripe Connect to allow platforms to mix and match features based on their business model, including 17 pre-built embedded components and no-code pricing tools.
• In 2024, FreshBooks launched FreshBooks Payments, an embedded end-to-end payment solution using Stripe Connect, to enhance its payment capabilities and improve customer experience.
• Stripe partnered with Frontier to facilitate $4.5M in carbon removal prepurchases from nine companies, including Planeteers.
• Salesforce's new Data Cloud innovations include pre-built connectors for apps like Stripe.
• Schematic launched a platform with embeddable UI components and deep integration with Stripe for managing pricing and packaging.
• Stripe has updated its financial metrics and balances from USD to SGD on its Singapore webpage.
• Matthew Miller has left Stripe as GTM Partnerships in Dublin, Ohio, United States to join Airwallex as Associate Director; Strategic Partnerships.
• Stripe will host an E-Commerce Breakfast event on October 2 at the Mandarin Oriental in Munich, featuring speakers including Dennis Fache.
• Will Gaybrick, President of Product and Business at Stripe, revealed that the private Crypto Payins alpha has already surpassed the volume of the previous product.
• Lyft uses Stripe to power payments at scale and built Express Pay with Stripe, allowing drivers to cash out instantly.
• 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.
• Stripe co-founder and President John Collison said the company's startup culture helped it partner with larger companies like Ford and Amazon.

---

Did you find it useful?

If you liked this report, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.