The company can now support businesses in 29 European countries
Stripe expands its presence to 5 European countries. Source: shutterstock.com
American tech company Stripe has expanded its payment services in Europe, Ecommerce News found. It is now generally available in the Czech Republic, Romania, Bulgaria, Cyprus, and Malta.
The company revealed that Europe is a very attractive market, as 75% of all markets where it’s active are located in Europe.
According to information, Stripe has been investing in its European engineering hub since 2018.
Stripe started as a payments platform, but now also offers apps to manage revenue, prevent fraud, and expand globally.
We’ve reported that the quarterly number of PayPal payments grew 85% over the last three years, reaching 3.2 billion in Q1 2020.
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