Internet payments software provider Stripe has raised $733 million (US$600m) with completion of a funding round, with the capital to be used for investment in its European operations and to expand its Global Payments and Treasury Network to support what it says is “surging demand” from enterprise heavyweights.
An Australian start-up that is headquartered in the United States has raised $30 million in a series A funding round led by Stripe, with Index Ventures and Susa Ventures also participating.
Accounting software company Xero is partnering with online payments provider Stripe to develop what they say are innovations that help small businesses get paid faster, in more ways, and gain more visibility over their business performance.
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