Ramp, a high-growth corporate card and financial operations platform in the United States, and Stripe, which specializes in providing programmable financial services to consumers, are scaling up their partnership to launch the industry’s first stablecoin-backed corporate cards.
Last Wednesday, May 7, Stripe, which offers programmable financial services to the consumer audience, announced new products.
From now on, Weixin Pay, a version of WeChat Pay, is available not only for online payments powered by Stripe but also for in-person shopping via Stripe Terminal in 20 countries.
Stripe’s investments in artificial intelligence and machine learning contributed to the rapid growth of the financial infrastructure platform last year, as the company’s co-founders Patrick Collison and John Collison wrote in their annual letter to the community of the firm, which was published on Thursday, February 27.
The media published information according to which Stripe is currently in talks about selling stocks of employees at an $85 billion valuation.
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Stripe intends to acquire the stablecoin payments platform Bridge.
Stripe announced its expansion in Canada with a focus on the new flagship office in Toronto, aiming to accelerate the growth of Canadian businesses.
Shoplazza Payments powered by Stripe provides real-time insights into e-commerce operations and improves the acquisition and settlement of online orders for businesses.
Stripe’s Optimized Checkout Suite and Radar Assistant powered by AI complement Stripe’s new Adaptive Pricing feature in an offering for Asian businesses involved in cross-border commerce.
Stripe fintech company intends to provide its employees with the opportunity to cash out some of their shares.
After the company postponed BTC transactions in 2018, Stripe is ready to bring back a crypto payment option in the form of stablecoin transfers this summer.
Stripe has started powering payment transactions for retailers using Amazon’s Just Walk Out technology in Australia and Canada.
Stripe Checkout solution can now be embedded into any website, facilitating the online shopping process for both end customers and merchants.
Stripe reported about tax tool, the use of which will allow the clients of the company’s platform to increase the volume of sales worldwide.
With the addition of charge cards, Stripe Issuing users can create and distribute virtual or physical charge cards that allow their customers to use credit costs rather than spending the funds in their accounts
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