Stripe, Inc is an Irish-American financial services and software as a service company dual-headquartered in South San Francisco, California, United States and Dublin, Ireland.
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25 Facts About Stripe Inc
2.
Stripe Inc primarily offers payment processing software and application programming interfaces for e-commerce websites and mobile applications.
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3.
In March 2013, Stripe Inc made its first acquisition, Kickoff, a chat and task-management application.
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4.
On October 20, 2021, Stripe Inc acquired accountancy platform Recko; Recko's solution will be added to Stripe Inc's existing suite of financial tools.
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5.
In January 2022, Stripe Inc entered a five-year partnership with Ford Motor Company; through this deal, Stripe Inc will handle transactions for consumer vehicle orders and reservations.
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6.
That same month, Stripe Inc partnered with Spotify to help creators monetize subscriptions, accept payments and launch recurring revenue streams.
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7.
Stripe Inc announced it is planning to add options for payment in other cryptocurrencies in the future.
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8.
Stripe Inc provides APIs that web developers can use to integrate payment processing into their websites and mobile applications.
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9.
On September 5, 2019, Stripe Inc launched a merchant cash advance scheme called Stripe Inc Capital.
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10.
In July 2018, Stripe Inc began a platform for companies to issue Mastercard and Visa credit cards.
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11.
In 2018, Stripe Inc started a publishing company named Stripe Inc Press to promote ideas that support businesses.
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12.
In 2019, Stripe Inc began offering loans and credit cards to businesses in the United States.
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13.
Stripe Inc stated that loans are approved automatically using machine learning models, with no human intervention.
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14.
In October 2020, Stripe Inc announced Stripe Inc Climate, a service for businesses to fund atmospheric carbon research and capture.
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15.
In 2022, Stripe Inc started a new subsidiary called Frontier that would direct spending on carbon removal.
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16.
In May 2011, Stripe Inc received a $2 million investment from venture capitalists Peter Thiel, Elon Musk, Sequoia Capital, SV Angel and Andreessen Horowitz.
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17.
Stripe Inc launched publicly in September 2011 after an extensive private beta.
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18.
In 2020 Stripe Inc expanded its services to 5 new European markets: the Czech Republic, Romania, Bulgaria, Cyprus, and Malta.
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19.
On October 15, 2020, Stripe Inc acquired Paystack, a Nigerian payment processor, in a deal reportedly worth over $200 million with the aim of expanding its services into Africa.
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20.
In December 2020, Stripe Inc announced plans to expand in Southeast Asia, China, India, and Japan.
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21.
In March 2021, Stripe Inc raised another $600 million, reaching a valuation of $95 billion, aimed towards expanding their European HQ.
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23.
Stripe Inc has invested in companies offering similar services as themselves, but in different geographical regions.
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24.
On March 26, 2020, Stripe Inc led a $20 million Series A fundraising round for Fast, a company creating a universal, one-click checkout service.
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25.
Subsequently, Stripe Inc led a $102 million Series B fundraising round for Fast on January 26, 2021.
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